March 1, 2025 - If a primary concern as you consider ... are the worst states to retire in. That's because high property taxes and taxes on traditional types of retirement income, like Social Security, pensions, and distributions from a 401(k) or IRA, make these states more expensive than most for many ...

July 21, 2025 - Eight of the 10 worst states for retirees are in the Sun Belt, including Alabama, Arkansas, Florida, Louisiana, Oklahoma, California, New Mexico and Texas. “Unlike more common retirement rankings by state, Florida didn’t land very high on ...

October 20, 2025 - California is ranked by Kiplinger as one of the worst states to retire when it comes to taxes. Some retirees might pay an income tax rate as high as 13.3% (if they are still working and their taxable income reaches $1,000,000), but most retirees ...

April 26, 2024 - So, to keep things consistent, we used the same key factors to identify the 10 worst states for retirees. ... While California living seems desirable, the Golden State will be among the most expensive for retirees. Retirement income is fully taxed – with an exception for Social Security benefits – and the Golden State has the highest income tax nationally.

5 days ago - The table below outlines which states tax retirement income and includes how military retirement income is taxed as well. These assume that you, as the retiree, are making qualified withdrawals instead of early withdrawals which would have penalties. Which states are the most ideal to retire in? Which are the worst states to retire in?

June 27, 2023 - Mississippi, Alabama, Iowa, and ... the 10 worst states to retire in are Vermont, New Hampshire, Oregon, Washington, Maryland, New Jersey, New York, California, Massachusetts, and Hawaii....

December 15, 2025 - The worst tax score in the country, a low crime rating, and expensive housing drive New York toward the bottom of the list of best states to retire in. New York does boast the fifth-best quality-of-life score, but that’s not enough to push it higher up the field.

Learn which states are considered the Top 5 most popular states to retire in. Taxes can chip away at your retirement savings depending on where you live because, as we all know, each state has its own unique tax structure that can provide benefits or limitations for retirees, or both.

June 18, 2025 - While California boasts beautiful weather and scenic living, it ranks near the bottom due to its extremely high cost of living, elevated tax rates, and skyrocketing housing prices. New York has the heaviest tax burden of any state and faces ...

2 weeks ago - Tradeoffs include the weather and relative scarcity of doctors. New Jersey Is the Worst State to Retire: Due to its high cost of living and top personal income tax rate, as well as poor aging health overall.

A recent ranking from Moneywise takes into consideration how much tax each state imposes on retirement income, any state-imposed estate or inheritance taxes and the Tax Foundation’s estimates for average state and local sales tax and the average, effective property tax. It also highlights some of the tax credits and exclusions fow hich seniors may qualify. Here are the 15 worst states when it comes to taxing retirees:

January 15, 2025 - Here are a few questions to consider before making a decision: ... What is the weather like throughout the year? Is climate change a major issue (e.g., water levels in coastal states)? When researching retirement-friendly states, look at the state from every angle. Kentucky is particularly attractive from a tax perspective since social security and railroad retirement benefits are exempt from state income tax. However, studies also rank Kentucky as one of the worst states for retirees due to poor healthcare opportunities and senior populations living below the poverty line.

The sales, property, estate, inheritance and income tax rates in this category range in friendliness based on the degree of retirement deductions available. ... States that offer minimal to no retirement income tax benefits.

March 29, 2023 - We have to rank the Golden State so low because of its astronomical taxes: California taxes income from retirement accounts and pensions at some of the highest rates in the United States, and sales tax is quite high, with an average of around 8.8%. That said, if you are very financially comfortable, you might prefer California and its seemingly endless outdoor recreation and cultural options. ... Hawaii, despite the beautiful year-round sunny weather and stretches of beaches, is the worst place to retire if you’re keen to make your funds stretch. The cost of living on one of the islands is the highest for all of the states, with annual spending for comfortable retirement calculated at $117,724 per year.

April 18, 2025 - Alaska offers the lowest tax burden for seniors, while New York has the highest. Delaware and Tennessee are also tax-friendly, but Vermont and Minnesota are costly.

June 24, 2025 - To help you decide where you might live in retirement, we’ve crunched the numbers on each state if you’re making traditional IRA withdrawals of $100,000 annually in retirement. We examined the combined current effective federal and state taxes imposed on withdrawals from traditional IRAs, factoring in exemptions, deductions, and credits on those withdrawals. We do not consider state standard deductions and exemptions; instead, we use the federal standard deductions. All state tax information is for tax year 2024. The following are the best and worst states for taxes on IRA withdrawals of $100,000 annually.

January 17, 2025 - These are the 10 worst states to retire, according to Seniorly: ... New Jersey offers miles of coastline and plenty of shopping malls for leisure and entertainment, as well as decent access to health care for retirees. But a high cost of living and high personal income tax rates contribute to the state's poor overall ranking, Seniorly finds.

November 18, 2025 - Wyoming ranks as the best state to retire in, requiring only $573,800 for a comfortable retirement, thanks to no state income tax and a strong economy. ↓ Jump to insight · Hawaii ranks as the worst state to retire in, requiring the highest ...

November 21, 2025 - For additional context, the guide The Top 10 Most Tax-Friendly States For Retirement explains various state and local taxes that affect your ability to retire comfortably or stay in your home as you age in place. Our Best and Worst States for Retirement guide also helps you determine your options ...