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The 10 best states for retirement

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No. 1: Wyoming
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Wyoming | iStock.com

No. 1: Wyoming

Strengths
  • Low crime
  • Low tax rate
  • Great personal well-being

Wyoming earned the top spot again this year, and it's easy to see why.

Like South Dakota, it has among the lowest tax burdens in the country at 7.1%. It also scored well below the national average for crime rates. In 2014, the FBI reported just 195.5 violent crimes per 100,000 people, 3rd lowest in the nation.

Overall, residents are very satisfied with their lives, with Wyoming falling in the top 5 in the Gallup-Healthways Well-Being Index. That may have something to do with their beautiful surroundings. Grand Teton National Park, Yellowstone National Park and the Devils Tower National Monument are just a few of the natural treasures in the Cowboy State.

When it comes to weather, Wyoming gets it right. The state enjoys a fairly cool climate, and summer nights are mild. There are usually fewer than 10 cold waves during the winter (although winds can be strong). Humidity is also super low, making it the perfect place for retirees who don't like stuffy summers.

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Sources: Agency for Healthcare Research and Quality; Gallup-Healthways; Council for Community and Economic Research; FBI; Tax Foundation; National Oceanic and Atmospheric Administration.

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