Bankrate.com has issued a new report ranking states’ appeal for retirement based on healthcare quality, crime rate, cost of living, taxes, and weather and included Vermont as 23rd-best!
From Vermont Business Magazine:
Vermont is the 23rd-best state for retirement, according to a new Bankrate.com report. Vermont scored well in healthcare quality (#10) and low crime (overall #1 in nation). The main drawbacks are a relatively high cost of living (#42), taxes (#41) and the weather (#35). Regionally, New York was worst overall, while three New England states finished ahead of Vermont: Maine #11 (cheaper, better health care, better weather), New Hampshire #15 (lower taxes, better health care, worse weather); and Rhode Island #22 (better health care, better weather). The study examined six key factors: cost of living, taxes, healthcare, weather, crime and residents’ overall well-being.
Wyoming is the best state for retirement, according to a new Bankrate report. Wyoming’s neighbors South Dakota, Colorado and Utah rank second, third and fourth, respectively. The region boasts strong well-being scores and it also offers a low cost of living and below-average crime. New York is the worst state for retirement, owing mostly to the nation’s highest tax burden and a very high overall cost of living. West Virginia, Oregon, Arkansas and Louisiana comprise the rest of the bottom five. The survey found that 60 percent of people want to move when they retire.
For the full article please visit: http://vermontbiz.com/news/march/vermont-23rd-best-state-retirement.
Davis & Hodgdon Associates CPAs is a full-service public accounting firm with offices in Williston and Rutland Vermont. The firm is a member of Vermont Businesses for Social Responsibility (VBSR), Vermont Business Environmental Partnership (VBEP), Lake Champlain Regional Chamber of Commerce (LCRCC), Vermont Chamber of Commerce, and Women Business Owners Network (WBON). The firm serves its clients by providing progressive, proactive services through expert staff, sophisticated technology, and unparalleled efficiency.