retirement

The 10 best states for retirement

Retirement »

No. 9: Arizona
Arizona | iStock.com

No. 9: Arizona

Strengths
  • Great weather
  • Personal well-being

Retirees who want to relax in a warm climate will be drawn to Arizona's desert land. The state scored among the highest in the country for pleasant weather, and it comes as no surprise that there's rarely a cloud in the sky. On average, Yuma sees sunshine 90% of the year, while Phoenix and Tucson see rays 85% of the time.

This sunny outlook could explain why people who live here report a fairly high level of happiness. Arizona ranked in the top 10 in the Gallup-Healthways Index for overall wellness.

Arizona also places a fairly low tax burden on its residents: 8.8% compared with a national average of 9.9% of income as of 2012, according to data released this year by the Tax Foundation. A state's tax burden is the amount of residents' income that goes to state and local taxes.

One downside: Crime is a bit of an issue in Arizona. The Grand Canyon State is the only one in Bankrate's top 10 that has a higher-than-average crime rate compared with other states.

LOAN SEARCH: Use Bankrate's LoanMatch tool to find the lowest personal loan rates.

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

advertisement

Best and worst retirement states Some states make it easier to enjoy your retirement. Others make it harder. Where does yours rank?
Show Bankrate's community sharing policy
          Connect with us
advertisement
RCan you guess the top 10 states for retirement?
advertisement
advertisement

Connect with us