Author Topic: Miami Herald article with list of best states to retire (US)  (Read 1104 times)

TVRodriguez

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Miami Herald article with list of best states to retire (US)
« on: December 11, 2019, 06:52:22 AM »
https://www.miamiherald.com/news/state/florida/article238233174.html?

Article about the best US states in which to retire.  Not early retirement, but still. Light on information, and focused on Florida not making the top five. I still found it interesting.

TVRodriguez

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Re: Miami Herald article with list of best states to retire (US)
« Reply #1 on: December 11, 2019, 07:12:41 AM »
Sorry, forgot to post the list from the article:


THE 10 BEST STATES FOR RETIREES

1. Iowa

2. Minnesota

3. Vermont

4. Wisconsin

5. Nebraska

6. Idaho

7. Maine

8. New Hampshire

9. Florida

10. North Dakota


LaineyAZ

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Re: Miami Herald article with list of best states to retire (US)
« Reply #2 on: December 11, 2019, 07:23:09 AM »
All are winter weather states except for Florida.  I think they're underestimating how many retirees do not want to deal with snow and ice anymore.

GodlessCommie

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Re: Miami Herald article with list of best states to retire (US)
« Reply #3 on: December 11, 2019, 07:51:30 AM »
All are winter weather states except for Florida.  I think they're underestimating how many retirees do not want to deal with snow and ice anymore.
FWIW, plenty of Californians are retiring in Idaho. So people do move to colder climates, too.

saguaro

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Re: Miami Herald article with list of best states to retire (US)
« Reply #4 on: December 11, 2019, 08:15:10 AM »
I found it interesting as well, that it's not necessarily all warm weather states.

I am not keen on the cold weather but even less keen on having to drive through snow and ice to get to work.  Retirement would solve that problem, so living in a cold weather area might be more tolerable to me as a retiree.   Believe it or not, DH and I have considered moving to Iowa (Des Moines area) or Nebraska (Omaha).  And Wisconsin is 10 miles to the north of us so that wouldn't be much of a move if we went there.  We haven't decided yet, things still being discussed.

I can see Californians retiring to Idaho.  I personally knew a born and raised Californian who, between living in California, Arizona and Wisconsin, preferred Wisconsin because of 1. Four seasons and 2.  Things weren't as brown, more green.


2sk22

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Re: Miami Herald article with list of best states to retire (US)
« Reply #5 on: December 11, 2019, 08:19:30 AM »
What fraction of retirees actually move though? My guess is that the vast majority of retirees probably don't move anywhere after retirement.

Added: My hunch seems on the mark: https://www.aarp.org/retirement/planning-for-retirement/info-2018/retirees-age-in-place-aarp-study.html
« Last Edit: December 11, 2019, 08:21:27 AM by 2sk22 »

TVRodriguez

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Re: Miami Herald article with list of best states to retire (US)
« Reply #6 on: December 11, 2019, 08:42:37 AM »
Also from the article:

THE FIVE WORST STATES FOR RETIREES
1. Alaska

2. Hawaii

3. California

4. Maryland

5. Louisiana

"The Best and Worst States for Retirees survey, done by the Blacktower US Financial Management Group, factored in metrics like the cost of living, crime rates, life expectancy, property prices and population age to make that call."

"And then thereís that pesky issue of sea level rise, which the survey folks didnít take into account but the problem certainly is on our mind."


Link to original source:  https://www.blacktowerus.com/the-best-us-states-for-retirees/

iris lily

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Re: Miami Herald article with list of best states to retire (US)
« Reply #7 on: December 11, 2019, 09:14:02 AM »
I found it interesting as well, that it's not necessarily all warm weather states.

I am not keen on the cold weather but even less keen on having to drive through snow and ice to get to work.  Retirement would solve that problem, so living in a cold weather area might be more tolerable to me as a retiree.   Believe it or not, DH and I have considered moving to Iowa (Des Moines area) or Nebraska (Omaha).  And Wisconsin is 10 miles to the north of us so that wouldn't be much of a move if we went there.  We haven't decided yet, things still being discussed.

I can see Californians retiring to Idaho.  I personally knew a born and raised Californian who, between living in California, Arizona and Wisconsin, preferred Wisconsin because of 1. Four seasons and 2.  Things weren't as brown, more green.

Iowa is my home state.

Des Moines is tolerable as a city with enough stuff going on to make it liveable.

Iowa City has more interest-per-square-foot.

My adopted state, Missouri,  has a high crime rate due to my city, St. Louis.

The crime rate of another state I have lived in, New Mexico, is hideous. Whoah! I had no idea. Where is all that crime coming from?
« Last Edit: December 11, 2019, 09:20:00 AM by iris lily »

fattest_foot

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Re: Miami Herald article with list of best states to retire (US)
« Reply #8 on: December 11, 2019, 09:43:42 AM »
Looking at places to retire, especially for early retirement, state tax policy kept coming towards the top of the heap as one of the most important factors.

The list of states that tax long term capital gains as earned income is pretty high. And this makes even something like a Roth conversion ladder pretty hard to pull off.

undercover

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Re: Miami Herald article with list of best states to retire (US)
« Reply #9 on: December 11, 2019, 10:26:50 AM »
What fraction of retirees actually move though? My guess is that the vast majority of retirees probably don't move anywhere after retirement.

Added: My hunch seems on the mark: https://www.aarp.org/retirement/planning-for-retirement/info-2018/retirees-age-in-place-aarp-study.html

Most people would rather stick with what they know and at the end of the day do not really give a shit about how much marginally better a placeís food, art, and weather is.

There is no ďbestĒ place to live - for anyone. Geographic arbitrage can be good for your career and/or income, but other than that, thereís pros and cons to every single place on earth.

Cassie

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Re: Miami Herald article with list of best states to retire (US)
« Reply #10 on: December 11, 2019, 10:28:00 AM »
I am from Wisconsin and property taxes are high. In our state they are low and we have no income taxes.

Bateaux

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Re: Miami Herald article with list of best states to retire (US)
« Reply #11 on: December 11, 2019, 11:17:32 AM »
All I see is cold, cold, cold, cold except for Florida.

golfreak12

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Re: Miami Herald article with list of best states to retire (US)
« Reply #12 on: December 11, 2019, 11:23:42 AM »
All I see is cold, cold, cold, cold except for Florida.

YUP. I don't know about you guys but if I'm retiring I do not want to live in a cold state.
No wonder so many retirees are moving to Florida.

GodlessCommie

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Re: Miami Herald article with list of best states to retire (US)
« Reply #13 on: December 11, 2019, 11:32:26 AM »
No wonder so many retirees are moving to Florida.
...which is why those who enjoy four seasons can find lower cost of living, better healthcare, and lower crime rates in states on top of the list.

EvenSteven

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Re: Miami Herald article with list of best states to retire (US)
« Reply #14 on: December 11, 2019, 12:10:43 PM »
I found it interesting as well, that it's not necessarily all warm weather states.

I am not keen on the cold weather but even less keen on having to drive through snow and ice to get to work.  Retirement would solve that problem, so living in a cold weather area might be more tolerable to me as a retiree.   Believe it or not, DH and I have considered moving to Iowa (Des Moines area) or Nebraska (Omaha).  And Wisconsin is 10 miles to the north of us so that wouldn't be much of a move if we went there.  We haven't decided yet, things still being discussed.

I can see Californians retiring to Idaho.  I personally knew a born and raised Californian who, between living in California, Arizona and Wisconsin, preferred Wisconsin because of 1. Four seasons and 2.  Things weren't as brown, more green.

Iowa is my home state.

Des Moines is tolerable as a city with enough stuff going on to make it liveable.

Iowa City has more interest-per-square-foot.

My adopted state, Missouri,  has a high crime rate due to my city, St. Louis.

The crime rate of another state I have lived in, New Mexico, is hideous. Whoah! I had no idea. Where is all that crime coming from?

Heisenberg.

TVRodriguez

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Re: Miami Herald article with list of best states to retire (US)
« Reply #15 on: December 11, 2019, 12:19:10 PM »
No wonder so many retirees are moving to Florida.
...which is why those who enjoy four seasons can find lower cost of living, better healthcare, and lower crime rates in states on top of the list.

Yes, because everyone knows that an influx of retirees just blows up the crime rate :)    I'm flashing back to a Seinfeld episode on senior citizens stealing batteries.

LifeHappens

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Re: Miami Herald article with list of best states to retire (US)
« Reply #16 on: December 11, 2019, 12:28:09 PM »
No wonder so many retirees are moving to Florida.
...which is why those who enjoy four seasons can find lower cost of living, better healthcare, and lower crime rates in states on top of the list.

Yes, because everyone knows that an influx of retirees just blows up the crime rate :)    I'm flashing back to a Seinfeld episode on senior citizens stealing batteries.
The Seinfeld episodes featuring his parents in Florida were not that far off...

GodlessCommie

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Re: Miami Herald article with list of best states to retire (US)
« Reply #17 on: December 11, 2019, 12:32:25 PM »
Yes, because everyone knows that an influx of retirees just blows up the crime rate :)    I'm flashing back to a Seinfeld episode on senior citizens stealing batteries.

Crime rate is listed in survey. Retirees or not, Florida and Arizona have higher crime rates than states above Florida in that list.

MrThatsDifferent

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Re: Miami Herald article with list of best states to retire (US)
« Reply #18 on: December 11, 2019, 12:52:07 PM »
No way in hell Iím retiring to where itís cold.

stoaX

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Re: Miami Herald article with list of best states to retire (US)
« Reply #19 on: December 11, 2019, 01:18:17 PM »
Where to retire is such an individual decision that I find little to no value in these kinds of lists.  And within states there is a wide variety of factors that make one part of the state more appealing than another. Crime rates, for example, are much more important at the city or neighborhood level than at the state level.

States without an income tax, like FL or NH, might be appealing to a retiree on a pension.  For me, my annual taxable in retirement is so small that the income tax structure in any given state is of little consequence.  Property taxes and health insurance costs are a concern for me.

Do your own research.

golfreak12

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Re: Miami Herald article with list of best states to retire (US)
« Reply #20 on: December 11, 2019, 01:28:26 PM »
Yes, because everyone knows that an influx of retirees just blows up the crime rate :)    I'm flashing back to a Seinfeld episode on senior citizens stealing batteries.

Crime rate is listed in survey. Retirees or not, Florida and Arizona have higher crime rates than states above Florida in that list.

I apologize before hand because some of the stuff I'm going to say may sound very ignorant.

[MOD EDIT: some ignorant, bigoted stuff]
« Last Edit: December 11, 2019, 04:47:17 PM by FrugalToque »

mm1970

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Re: Miami Herald article with list of best states to retire (US)
« Reply #21 on: December 11, 2019, 01:29:42 PM »
Brrr

lutorm

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Re: Miami Herald article with list of best states to retire (US)
« Reply #22 on: December 11, 2019, 01:34:26 PM »
I'm surprised state-averaged crime rate would be a concern for anyone. I'm willing to bet that the differences in crime rate between different locations in every state are vastly larger than the state-to-state averaged difference. If you care about crime rate, maybe pick your city or part of a city based on that. But state?

TVRodriguez

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Re: Miami Herald article with list of best states to retire (US)
« Reply #23 on: December 11, 2019, 01:38:46 PM »
Yes, because everyone knows that an influx of retirees just blows up the crime rate :)    I'm flashing back to a Seinfeld episode on senior citizens stealing batteries.

Crime rate is listed in survey. Retirees or not, Florida and Arizona have higher crime rates than states above Florida in that list.

Um, thanks, I did see that the crime rate was part of the survey . . . I was joking that it sounded like your earlier post was implying that the higher crime rate was due to the retirees.   Never mind, it obviously wasn't very funny.

DeniseNJ

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Re: Miami Herald article with list of best states to retire (US)
« Reply #24 on: December 11, 2019, 01:55:55 PM »
Yes, because everyone knows that an influx of retirees just blows up the crime rate :)    I'm flashing back to a Seinfeld episode on senior citizens stealing batteries.

Crime rate is listed in survey. Retirees or not, Florida and Arizona have higher crime rates than states above Florida in that list.

I apologize before hand because some of the stuff I'm going to say may sound very ignorant.

[MOD EDIT: snipped]

Nope, you don't get off that easily.  You can't apologize in advance and make a horribly bigoted comment and think no one will mind.  There is nothing in the PR culture or biology that embraces crime.  Maybe the PRs go there bc that's the only place they can afford bc it's crappy, or bc that's the only place non-hispanics will rent to them, or bc they are all rich and attract higher crime rates, or bc bigots attack them raising violent crime rates.  Or maybe it's a high crime area bc it's a cheap poverty stricken area full of despaerate ppl that want to eat.  A place may have ppl of a certain culture and be high crime but it's not bc of cultural issues, more often it's economic.

There are lots of types of crime and there are lots of reasons that ppl commit crimes and none of them is bc they are Puerto Rican.
« Last Edit: December 11, 2019, 04:47:51 PM by FrugalToque »

Cranky

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Re: Miami Herald article with list of best states to retire (US)
« Reply #25 on: December 11, 2019, 02:35:18 PM »
Having grown up in Florida, and spent a lot of time there, pretty typically people retire and move to Florida, play a lot of golf, and then a decade into retirement, the guy dies. Then the widow packs up and moves back north to be closer to family, because life in a golf community was his fantasy not hers. YMMV, of course.

TVRodriguez

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Re: Miami Herald article with list of best states to retire (US)
« Reply #26 on: December 11, 2019, 07:50:24 PM »
Yes, because everyone knows that an influx of retirees just blows up the crime rate :)    I'm flashing back to a Seinfeld episode on senior citizens stealing batteries.

Crime rate is listed in survey. Retirees or not, Florida and Arizona have higher crime rates than states above Florida in that list.

I apologize before hand because some of the stuff I'm going to say may sound very ignorant.

[MOD EDIT: snipped]

Nope, you don't get off that easily.  You can't apologize in advance and make a horribly bigoted comment and think no one will mind.  There is nothing in the PR culture or biology that embraces crime.  Maybe the PRs go there bc that's the only place they can afford bc it's crappy, or bc that's the only place non-hispanics will rent to them, or bc they are all rich and attract higher crime rates, or bc bigots attack them raising violent crime rates.  Or maybe it's a high crime area bc it's a cheap poverty stricken area full of despaerate ppl that want to eat.  A place may have ppl of a certain culture and be high crime but it's not bc of cultural issues, more often it's economic.

There are lots of types of crime and there are lots of reasons that ppl commit crimes and none of them is bc they are Puerto Rican.

Hooboy, how did I miss this earlier?  @DeniseNJ is 100% spot on here. 

Trifele

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Re: Miami Herald article with list of best states to retire (US)
« Reply #27 on: Today at 02:40:43 AM »
Yeah, the underlying survey doesn't seem to take into account property taxes, which to me is one of the top factors for a retirement location.  Even if the weather in Wisconsin were tolerable (it isn't) the property taxes are super high.  Signed, Former Wisconsinite who fled.