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Friday, July 25, 2014

10 worst states for retirement

The primary knock on Maryland is that it's more expensive to live there than in many other states. The cost of living for retirees is especially high, and residents pay one of the highest tax rates in the country.

According to the latest analysis from the Council for Community and Economic Research, retirees can expect to pay $1.12 more than the national average for a movie ticket and $9.58 more for a trip to the beauty parlor. Medications like Lipitor and ibuprofen also are higher than the national average.

The Tax Foundation calculates that Maryland residents pay 10.6 percent of their combined income in various state and local taxes. Its analysis, which includes property and sales taxes, says that Maryland is the seventh-highest taxing state in the country.

Maryland also posted low scores for health care quality, and its crime rate is above the national average.

Source

10 comments:

Anonymous said...

Yes, we do!!!!!

Anonymous said...

And the reason why people including myself are moving our butts elsewhere. Why be in a place that cares less about its Marylanders and why nobody really has anything Great to say about it other than the places that continue to be raped financially by the state's ineptitude to do what's right for the State of Maryland instead of what's popular to the select few whom benefit.

Anonymous said...

And the reason why people including myself are moving our butts elsewhere. Why be in a place that cares less about its Marylanders and why nobody really has anything Great to say about it other than the places that continue to be raped financially by the state's ineptitude to do what's right for the State of Maryland instead of what's popular to the select few whom benefit.

Anonymous said...

It all makes sense except the poor health care issue. The highest rated hospital system in the world is Johns Hopkins and the UM Shock Trauma was the model for the nation. ???

Anonymous said...

I am very proud to say that, after 61 years in Maryland, my wife and I will become Florida residents this fall. We just can't take it any longer.

Anonymous said...

When Anthony Brown follows in the footsteps of OweMoney and Glendenning it will get much worse.

Anonymous said...

Thanks to everybody's friends Jim & Norm and their cohorts OweMalley and Brown

Anonymous said...

Lets be #1 vote democrat.

Anonymous said...

Good luck in florida!!!!!! We left the shore a year ago for SWFL and love it here!!!! The people are great and the weather is very nice. Let me be the first to welcome you to a great place to live!!!!

Anonymous said...

8:50 p.m., I had the same reaction until I realized that Maryland is the Land of Inequality.

It has these elite high points and everyone else is left in the dust. Geographically, 2/3 to 3/4 of the state is ignored when it comes to jobs, education and health care.