When you think about retirement, you might picture sunny Florida with its warm climate and retirement communities. But it’s not the best state to retire, according to a new report from Bankrate, which just issued its annual ranking of the best states to retire in the U.S.
To come up with the comprehensive analysis, Bankrate used data from several sources, including the Tax Foundation, the Council for Community and Economic Research, the U.S. Census Bureau and the National Oceanic and Atmospheric Administration. States were evaluated across five categories, including affordability (40%), overall well-being (25%), quality and cost of health care (20%), weather (10%) and crime (5%).
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