retirement

The 10 worst states for retirement

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No. 9: Connecticut
Connecticut© Sean Pavone/Shutterstock.com

No. 9: Connecticut

Weaknesses: Taxes, cost of living

The Constitution State offers retirees a lifestyle that is hard to beat: hundreds of miles of hiking trails, plenty of ski resorts and a slew of breweries where residents can unwind afterward with a pint. With so much to do indoors and outdoors, it's not surprising that Connecticut ranked in the top 20 on the Gallup-Healthways Well-Being index.

Unfortunately, the state’s income tax rate and property tax rate are both 2nd highest in the country, according to the Tax Foundation.

Connecticut is also an expensive place to live. In Stamford, for instance, the average home costs $626,189, double the national average of $312,874. If you want to start your day with coffee, be prepared to pay 23% more than the U.S. average. Car trips will also cost more: A gallon of gas runs $2.47 -- around 4% higher than average.

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

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