Another reason it is considered to be one of the worst places to retire is that retirees can expect to pay up to 85% in taxes on their Social Security benefits
Maryland earned it’s low ranking thanks to it’s high cost of living and low culture and weather ratings.
Oregon might not charge for sales tax, but they have one of the highest state income tax rates in the U.S., charging 9.9%.
Massachusetts carries heavy costs for retirees. Not only does Massachusetts have the third highest living costs in the country, but it also has sky-high healthcare costs for 65+ citizens.
This one is pretty obvious. The cost of living has skyrocketed in California in recent years. 1 in 10 Californians age 65+ live in poverty.
Manhattan, New York is the most expensive place to live in the U.S. Living costs come out to 138.6% above the national average.
With high healthcare costs and an even higher cost of living, it is no wonder D.C. made this list. There is already a lack of elderly folks living there, and with the high crime rate
Hawaii has the highest cost of living in the country, with housing prices averaging in the $800,000’s. That puts the cost of living 33% higher than the national average.