Best Places to Retire 2012 Retirement Cost of Living Crime Unemp

Best Places to Retire 2012 Retirement Cost of Living Crime Unemp

Best Places to Retire 2012 - Retirement - Cost of Living, Crime, Unemp...

10 Best States to Retire

Low cost of living check modest taxes check and nice weather check

Many highly personal factors come into play when it's time to pick the perfect place to retire. Everything from availability of tee times to proximity to grandkids can have an impact on the decision. There's no one-size-fits-all formula. After all, one can be another's hellish nightmare.

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— Receive access to exclusive retirement tools, resources, benefits and discounts seeks to add some objectivity to what's otherwise a very individualized life choice. The finance website looked at a number of factors to come up with its 2012 list of the 10 best states for retirement. The criteria include climate, crime rate, life expectancy and economic conditions such as cost of living, and taxes. It probably won't take much convincing of anyone to believe that Hawaii tops the list as the best place to retire. (Yes, it's pricey, but the weather is great and the life expectancy age is high.)
Idaho and Utah came in second and third, respectively, despite their weather, thanks to low crime rates and favorable economic factors. Had your heart set on a traditional Florida and Arizona retirement? Don't worry, both hot spots make the list. [AARP Editor's Note: Individual cities in many of MoneyRate.com's "best" states have earned spots on lists. Check them out!] Next: Here are the 10 best states for retirement, and some of the reasons why each is on the list. With this ranking the No. 1 spot is the best of the best.

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10. Texas (tie) — warm weather and solid economy
10. California (tie) — good weather and high life expectancy
9. South Dakota — low crime rate and high life expectancy
7. New Mexico (tie) — good weather
7. Florida (tie) — good weather
6. Colorado — high life expectancy
5. Virginia — good economy
4. Arizona — good weather and high life expectancy
3. Utah — good economy
2. Idaho — low crime rate and good economy 1. Hawaii — great weather and high life expectancy
Read about MoneyRates.com's list of .
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