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The 10 best states for retirement

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No. 6: Montana
Montana | iStock.com

No. 6: Montana

Strengths
  • Great weather
  • Low taxes

There's much to love about Montana, from the mountains to the prairies. Whether it's Granite Peak, the tallest point in the state, or the grasslands of the Northern Montana Prairies, natural wonders abound.

The state has temperate weather that ranks above the national average, and residents report being happy with their surroundings. Since 2012, Montana has ranked consistently high for well-being, according to the Healthways index, and it received particularly good marks for residents' feelings about their community.

Although the cost of living here is just a hair below the national average, residents have a reasonable tax burden of 8.7% as of 2012, according to the Tax Foundation. Only 11 states have a lower tax rate than the Treasure State. The Tax Foundation also ranked Montana in the top 10 best in its 2016 State Business Tax Climate Index, in part because it has no sales tax.

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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