My attention was drawn to a recent Kiplinger study purporting to compare the attractiveness of states for retirees. It took five minutes for me to verify the report constitutes sloppy work. I’m genuinely puzzled how and why a supposedly reputable financial advisory firm would distribute such a slipshod analysis.
But sadly, as I point out below, at least Kiplinger got California right. Yup, we rank as the worst state. Again. That matches the Fidelity retiree study done in 2014.https://www.fidelity.com/insights/retirement/10-worst-states-to-retire-2014
To check the veracity of the study, I went to their Texas summary, ranked as the 10th worst state to retire in. While there are many factors that affect a state’s attractiveness, some are objective facts that should be easy to glean.… Read More