I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
One problem in the USA is that no matter where you live, medical care is never affordable. The criminal cabal between legislators and the medical industry (Pharma, Insurance, and facility-owning corporations) has created a complete mess for the country.
c'mon man, you know our ruling elites need to send our tax money overseas so they can launder it more easily. Zelensky's Folly is just the latest after Syria, Afghanistan, Iraq, Libya,...
So true. I couldn't believe that I was charged nearly 500 bucks to cover office overhead - like renting a motel room by the hour?! - for the few minutes that my dermatologist to spray a few spots on my face. Then I was of course also charged for doctor's time, etc.
@@mares3841 A friend of mine was telling me about his father being in the hospital for a couple of weeks before he passed - the bill was over $500,000! Now Medicare picked it up most of that, but it points to a huge part of the problem: the fact that he stated this to me like it was "normal" and the fact that CMS is getting ripped off by the medical industry, which ultimately affects all retirees and taxpayers. This country has turned into one giant grift. We have the best government money can buy.
@@mares3841 It sounds like you had cryotherapy to remove spots, skin tags, keratosis, etc off your face. NO INSURANCE covers that. You should have checked with various dermatologists to find out their price to do that then go with the cheapest, or with the one you felt was the most competent. When something isn’t affecting your health, it will be an out of pocket expense. You can’t complain about that.
Left Michigan and retired in Vermont. Great decision for us. Low crime, low cost insurances. Beautiful seasons, active community. Would like warmer weather, but didn't have that in Michigan, either.
I would add climate as an important variable. Moved to Vermont two years ago. It is chilly for a few months but seemingly less then it used to be. Under climate change, the northeast is expected to warm up. As the south and west heats up a lot.
I'd love a version of this video showing the top 5 states that fit these criteria with moderate weather - I want to be able to walk outdoors year round - better for health, saves on utilities - great for retirement.
A lot of affordability depends on your personal situation. If you live in an expensive state, but you bought your house many years ago and paid it off, and you live in a town with low property tax, you may have a great deal already. Studies have shown that retirees spend about 40% of their income on housing, so if your housing costs are very low you might consider staying put.
Harland David Sanders was an American businessman, best known for founding fast food chicken restaurant chain Kentucky Fried Chicken and later acting as the company's brand ambassador and symbol. His name and image are still symbols of the company.
Best known yes, but most interesting fact is that he moved his wife out of the main house and moved a waitress in. Wife continued to run the restaurant. Whole new meaning to finger lickin chicken
Colonel Harland David Sanders - the iconic image behind Kentucky Fried Chicken. His life story is a perfect example of the tenacity and hard work that paved the way for so many fledgling entrepreneurs. This video is very timely in that I am just starting to plan on where I want to retire in the next two years. Sadly, the five states mentioned are no where near my radar - but the information you have provided to reach the list of five is outstanding!! Along with affordability and safety, I would want to add tax information; active adult community; friendliness; drivability and weather. Part of my research at the moment is finding active senior condos/apartments in a variety of states. Like you said early on in your video, it would be nice to live near people my own age with similar interests. Thank you for ALL of your very informative and helpful videos. Really appreciate the time you take to educate your followers!!
Geography doesn't solve problems because wherever you go, there you are. Grow where you are planted. At retirement you need your MD, your attorney, your accountant, and a community that sustains you. You will need to pick and choose how you allocate your ime, talent, and resources, but you've been doing that all along.
I don't have any of the 4 you mentioned and I'm fine with that no matter where I live. Grew up in military family. Figure so far I've moved 75 times and no place is home. Missed stability growing up like a lot of people have growing up in one place. No friends cause either they or I moved.
Property tax rate should be a factor, and how they change over time, especially for people of retirement age. Property tax cuts into your life style when you retire.
I take serious issue with Illinois being on your list. I live here and it’s expensive! The property taxes are insane. Cost of living is high as well. Further evaluation is needed.
I appreciate all that you do to keep us informed on money matters. That said, numbers and statistics can be misleading and don’t tell the whole story. This analysis paints with a broad brush. There are huge differences with these metrics within each of the mentioned states. For example; in Florida, the cost of living difference from Miami/Ft. Lauderdale area and the Ocala Gainesville area is substantial.
I am old enough to remember when Colonel Sanders was just getting Kentucky Fried Chicken started. Believe it or not, his first franchise was in Utah, which is where we live, and we love being retired in the state with the youngest population. It is a definite plus for us. We watch our neighbor's young children playing in a park-like conglomerations of back yards that are not divided by fences or social barriers. They are like "extra" grandchildren for us!
An ice storm every winter for those living in the West Virginia "hills" is a lot more dangerous than a giant dump of snow up to 18" in a 50 degree below zero Minnesota winter.
I have really learned a lot from your vids! Thank you! I'm a couple years out from retirement. As you stated, the criteria is personal. Personally, I would not want to be trapped on a large collection of volcanoes located miles out to sea (I don't care how 'wonderful' it is!) nor a spongy, alligator ridden, swampy, hurricane prone peninsula - all that water! Not a strong swimmer and after having the sand sucked out from under my feet and landing on a stinking pile of kelp as a kid on a CA beach, I gave up the ocean (well, any body of water actually like lakes etc) - I like to visit, but not live there. Additionally, getting a crick in my neck trying to see the sky doesn't interest me either so mountains are out for me. But then, I'm a flat-lander who loves watching the sky & weather, working with my horse and a 'southwest US lite" lifestyle. Living in OK I have found the weather and the medical to be quite adequate (within reason - 3 day springs & autumns are a bit nuts) - but I am generally healthy, outdoorsy type; and it helps that my extended family live within a 2 mile and/or 3 hour driving radius.
@@jstravelers4094 Guess that depends on what you want/need medically and your relationship with your healthcare provider. Its that whole 'personal' thing.
Central Illinois where I live is great. But Chicago is a very dangerous city as is East St Louis. But in between those cities it’s very affordable. But the state is run by organized crime in Chicago.
These “simply numbers” game always cracks me up. There are pockets in each state that you would and wouldn’t want to live in. Lumping crime rates from cities into these numbers do nothing but skew results. In my county, I am 90 miles away from the city that has a high crime rate but skews results for the entire state. I live by the beach, have low taxes in a relatively temperate climate. In case I need comprehensive healthcare to treat serious illness, I live close to major healthcare hubs. I’m not sharing the state because I want to keep this locale a secret.
Colonel Sanders haha...great photo. Personally, I don't mind a little bit of winter weather. I've lived in Ohio my entire life and I've come to appreciate the change of seasons. Maybe it's the rebirth of nature in the sprint, who knows, but I don't think I'd want to live anywhere without that. Also, the beauty of retirement is that you can travel to whatever whether you wish, if you get tired of the weather where you live. The 'snow bird' folks figured this out decades ago. I think Tennessee offers a happy medium for weather.
Love your videos! I thought it was very interesting to hear you lived in Hawaii as a child and that your father was a helo pilot. I also lived at Schofield Barracks as a 10 year old (1973-1976) And my father was a helicopter pilot, 2 tours in Nam. Hawaii was definitely my favorite tour! Waianae was the best beach on the Island in my young memory. North shore came in 2nd. Keep up the great videos and Shaka brah!!! Col Sanders!!!
I liked this and don't have any problem with your conclusions. It's just that I can't help but think about the regional differences that exists within states. There are a lot of good examples. Is the panhandle of Florida that much different from southern Alabama and should you lump in the panhandle with south Florida? In Hawaii, the big Island is a little different from the other islands. Most people split Texas up in to about five different regions, all with their advantages and disadvantages. I think it wouldn't be doing your homework if you made a decision just based on the name of the state you are considering.
Even in West Virginia, which is small, there are huge differences. Unlike many parts of the state, Morgantown has excellent access to health care, but access doesn’t mean affordable. Housing is only slightly less expensive than where I live outside Washington, DC (though property taxes are significantly lower), and groceries are actually higher. Although it may make sense for me to move to WV someday to be near family, for the short term, I think I’m just as well off financially staying where I am, and I do enjoy some benefits from my high property taxes. Not to mention access to international airports and other pluses that make retirement much better.
📌Do what everybody else is doing if you are okay with only having what everybody else has.Information that will pay you everyday, you've got to stop saving all your money. Venture into investing some, if you really want financial stability. Choose to grow and elevate your mind by studying audios, videos, attending conferences that will give you the edge!
@@debbiecowdrey1358 I used to invest on my own because of making your money work for you mentality but never made any progress until I sought the guidance of Juan Antonio Landa and she has made me understand that strategy is everything.
I love living in Michigan! Glad to hear it's in the top five. Living by Lake Michigan, we have a saying "No sharks, no salt, and no stress...Lake Michigan".
My criteria is much different. In retirement I would like to be an hour from several major cities in my state that offer the cultural and recreational things I love as they would be more expensive to live in. I chose N. Carolina because the crime is relatively low, taxes are reasonable, one has access to several major cities, the coast, and the mountains. Spending several weeks in an expensive city during the year is far more affordable than living there full-time.
Hawaii is expensive. It is also incredibly isolated as to food, fuel and other practicalities. A serious supply problem will strangle anyone on islands.
Great information on the top five. As I read in another comment, it would be great to hear what the top 10 are. Also, being a visual person, it would be great to see the states on your white board. This will allow people to take a picture of the top five or ten, if you do one. Allowing people to see the list at all times. Again, thank you for the information.
West Virginia levies income tax on Social Security - was that factored into the affordability? For the record - these are the 12 states that collect income tax on SS: Colorado, Connecticut, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, Rhode Island, Utah, Vermont, and West Virginia. For me, that is pretty much an automatic eliminator.
Hi Geoff! That’s of course…the great Colonel Sanders… who, by the way went to over 1009 restaurants till he found one that bought his recipe learned that from Tony Robbins and Jim Rohn… Anyway, phenomenal video as always your truly are a brilliant mind…. Respectfully, Jimmy USAF🇺🇸
Col Sanders. I live on Oahu. It is very 😂 expensive. The economic times don’t seem to be affecting tourism. It’s called an Aloha shirt not a Hawaiian shirt. 😉 To give you an idea of home costs. We paid $380,000 for a 679sq ft townhome 4 years ago and now it’s worth $500,000. We won’t retire here but it is an awesome place to live and has a huge population of retirees. We also have awesome heathcare.❤
I liked both this video and the one about living outside the US. I am a little too far out to have plans in fine detail, but I like the idea of having it both ways and spending part of the year in the US (e.g., Iowa or surrounding Midwest states), and part of the year in Bogota or the surrounding area (family considerations in both cases). Sort of a snowbird 2.0. In order to benefit from, say, living 6 months as an expat, I would need to figure out how to arrange housing expenses and how to set up medical arrangements to serve and benefit in both parts (e.g., try to get most our medical care outside the US, not spend more than we have to on Medicare, but not cut off options if we spend the later phase of our retirement primarily in the US). On the housing side, it would be interesting to hear a video on whether retirees have managed to use airbnb or other house-sharing arrangements to address such challenges.
Evaluating states to retire by simplifying to several objectives is interesting but fatally flawed. Not everyone weights the criteria equally. Seeing the states selected here proves this point using my objectives.
As noted in the video, the criteria are based on those listed, with affordability and safety being the top areas in this video. Of course if those criteria don’t fit your personal preferences/circumstances then adjust as necessary.
Very interesting video. I know Mississippi always gets dumped upon but my daughter went to college there and got her Masters. She then got her first job at the University of Memphis, stayed for a year and couldn't wait to get out of the area, way to dangerous. I was thrilled when she decided to quit her job and Move. Where did she move, back to Mississippi along the Gulf coast. She loves Mississippi and the people are extremely friendly. I'm from NY so it almost seems like a trick. I've been down there twice now and I gotta say it's a pretty nice place. A lot of people retire down there and it seems to have everything you need. It is different then the rest of the state just like many other ocean or Gulf towns are different than inland areas . She researched it but had visited before and believe me I researched as well when she said she wanted to move down there. Yes it's Hot for 2/3rds of the year but the Winter is mild. I also think it is important to move near an airport, Gulfport Mississippi has a beautiful airport that takes 5 minutes to get through security. When you retire you want people to visit and you still want to visit people. Like any coastal area you need to watch the weather but that's like all of the East and Gulf coasts
@@pensacola321 Both states get dumped on actually and you kind of made my point. Alabama along the coast seems pretty nice as well. That's all I've seen but I know many retire down there as well
Interesting! We did the same ranking using Google date ten years ago. We chose Arizona for Mayo Clinic. And housing prices back then. As an offshoot, we may visit your top three next summer given we think the current economic conditions wane.
This is the problem with choosing just based on statistics. I’ve lived in or traveled extensively through all five states you named as the top, but I wouldn’t want to live in any one of them! Taxes and cost of living would be the number one factor along with weather.
@@robcleeton2606 If you are actually retired in Illinois you don’t pay income taxes on pensions or 401K distributions. Just need to move outside of the Chicago metro area to get away from high property taxes.
Good point. Also a city in a state is not necessarily indicative of the whole state. NYC is what everyone thinks of, but I'm sure it's much more idyllic somewhere like Indian Lake, in upstate.
A number of those criteria are rather mutable. Crime rate varies a lot within a state with big cities generally more dangerous than small towns. Cost of living is also extremely variable from place to place within a state. I am in Maine and there are places here where you can still buy a house for $35K and other places where $1M will get you a renovated garage. A big factor for many people is state taxation. I include income tax, property tax and state/county/city fees in that category. Depending on how a retiiree's income is structured, a low income tax state may be a big factor in affordability. I think you left out a huge factor - Lifestyle. For example, I am a lifelong boater and simply could not be happy in an inland state. Perhaps that falls into your culture category. In my case, is the overriding factor with weather a close second (I hate hot weather). When I consider those factors alone I am restricted to Washington, Maine, Massachusetts, Rhode Island and MAYBE Connecticut although it is pretty hot there in the summer..
Some of the criteria are so subjective to one's taste and interest. The bottom line is home is where you want to be. We love Northern CA near Walnut Creek. Can't beat the weather (except this week's much-needed rain) and money is not a factor for us. Decent schools, good health care, tons of friends and family close by and our beloved church family is here.
Colonel Sanders... can't help but smell fried chicken when you see his image. Terrific stats and presentation, as always. Friends in real estate reported that last year, they had a huge influx of buyer clients here in Alabama from all over the country. Buyers for my mother's home were moving back here from Ecuador. They had moved there when he sold his business and retired (so they could live off of SS easily) but eventually became frustrated with the inability to communicate/language barrier in every day errands & life. (Sorta thought one might consider that before making such a leap.) However, they landed where they could easily pay cash for a home in a decent neighborhood, and referred other friends to the area. Found that very interesting!
Harland David Sanders (I had to look that part up) AKA Corneal Sanders. It would be a lot harder to do but a breakdown by zip code or county would be good. Some places in New York or California might rate better than some parts of Illinois.
California, if you've paid off your house. Great weather, the most beautiful state in the country, beaches, forests, mountains, deserts, and the best fishing in the country.
Illinois doesn’t tax any retirement income, no hurricanes and housing expenses aren’t that bad. There’s country living, small towns, suburbs and there are nice neighborhoods (more expensive) in the city of Chicago. Also lots of excellent health care in Chicago and surrounding suburbs.
Wow, you did a lot of work here, it is appreciated and thank you! The man with your dad is Colonel Harland David Sanders. I live in Wisconsin, and so this news makes me feel happy being here, and retired, and having my house paid for. Probably the most unsafe I feel here is driving, due to weather conditions such as ice, snow, thunderstorms, hail, and some of the freeways. Besides that, the little town I live in is pretty safe. The other big problem here is a lot of alcohol consumption which can lead to accidents and a lot of domestic violence. The state as a whole is incredibly beautiful with many state parks, lots of culture, and many different things to do, eat, and enjoy. There are even UFO sightings here.
@@veronicaacosta6577 I don't get too personal on here...but the lower part. I don't know what part of the West Coast you are from... But I am from Wisconsin and have lived in Oregon and California. I miss the growing season and fresh fruits and vegetables year round. I also miss the warmer weather when it is cold here. But... I would tell you to go for it.. before it gets too cold. The thing is you can always move back. There are lots of jobs and you might love it.
@@AhJodie thanks Jodie. I lived in California for 30 years but went to school in Madison, Wisconsin prior to moving. I bought a home there but wondering about the weather.. true… could try it out and always go back… good to have options
@@veronicaacosta6577 Madison is bigger and more expensive than my town but a fun place to do lots of stuff. Today the weather is perfect for me. If you went to school here then you know about the weather. Coldest month is usually January. But I have had heat on in the evening this week. I know what you are looking for...life style? Safety? Jobs? I don't know your skills. If you can do healthcare or factory or service then there are many jobs. It is easier to drive here before winter though. So if you come... do it soon. Trust your heart and talk to angels or God or your Higher Power... Let that guide you. Don't let fear run your life. ❤️❤️❤️
On health care, insurance companies have analysis that shows where best health care is in US, based on best outcomes and cost. In general best outcomes are not based on dollars spent. Or, dollars spent do not give you best outcomes.
Curious to know where my state stands. Would it be possible to list all 50 states per the criteria you desc, it being understood that other factors also should be taken into account such as climate and family? It would be nice to know. Thanks for the great videos btw!
As a resident of Illinois I can tell you people are leaving in droves as the crime here is off the charts. So I absolutely do not agree with that pick.
I live in Illinois, but haven't been into Chicago in years. "Leadership" is very poor and crime prosecution is almost nonexistent. The new state-wide SAFE-T act due to come into affect Jan 01, 2023, is frightening, wherein many will not be required to post bail to go back onto the streets before trial.
Nice video, but all three states are where the Winters are bad. Nope! Staying in Texas. I don't have to put my rear wheel drive high horsepower daily driver away for months at a time every year.
I was stationed at barbers point for three years. I used to play basketball on my lunch hour at the Coast Guard station. This was in the early 1990s. Surfing was pretty good too. Loved my time there but I wouldn't want to live there permanently just because it's so far away from everybody that I know and love.
Just like you mentioned for crime IMO health care can vary within a given state. You mentioned Alabama as one of the 5 worst in this category. However I live in Huntsville & have to use various medical facilities over last several years. I have also lived in various parts of the country. I consider Huntsville medical facilities to be very good & on par with many other large cities. Not sure about the rest of Alabama
My Dad also met the Colonel. Dad went to school with a fellow by the name of Pete Harmon. Pete Harmon met the Colonel and the old boy wanted to teach Pete Harmon how to pressure cook Chicken. Pete called my Dad about acquiring a BIG pressure cooker and Dad told Pete to call the Salt Lake Hardware company. Salt Lake Hardware was able to order what they needed and after the chicken started cooking my Dad was invited to have Chicken dinner with Pete Harmon and the Colonel. ---- The original KFC is still standing in Salt Lake City.
Interesting correlation between affordability and safety. Other factors such as healthcare and family proximity are definitely on point. Other factors to consider are food and energy security. Portugal and Panama are great choices. We chose Mexico due to proximity to family but considered Panama and Portugal alternatives. Wyoming, Michigan, Wisconsin, are northern Midwestern states. Absolutely not based on weather alone. Col. Sanders, Kentucky Fired Chicken.
Is there a place where all these statistics are available? When you got to “we want to retire around other old people” you lost me. As you said earlier, everybody has different priorities.
Col. Sanders used to come to Duke for the Rice Diet weight loss spa in the mid 60s. When at the Medical School he would hang out at the student coffee shop, very small but very private. Very pleasant man who strangely dressed in that white suit daily.
We just bought land just west of Knoxville, TN to build a home ($17k for 3½ acres in a gated waterfront community). We'll be moving from pop 285,000 to pop 5400 and I can't wait! When we filled up the rental car last week gas was $3.05, and when we got home to Phoenix it was $4.99, which is criminally absurd. It costs $100 in TN to register our RV and $1800 in Phoenix. The icing on the cake is that Tennessee doesn't tax social security or other retirement income. We plan to rent our Phoenix house out for 3 years while we tour the country in the RV while waiting for prices to come down before building. Rent and social security will pay all expenses so we won't have to touch our retirement, which is down 17%. Hopefully, it will start recovering by then!!!
Thanks for your videos, there’s always food for thought. I was wondering when you were in Hawaii. I was there from ‘64-‘67, also a military brat (even though I hate the term). Hawaii was much different back then. My dad bought a house for $13,000 (though it had some strange 99 year lease of the land, but I don’t know the details). Anyway, I went into the Air Force, as well, and can verify it’s an excellent way to sample different places to decide where you want to live or retire. I wonder how many people who are thinking of relocating for retirement have not travelled much in their lives? I would recommend renting for a couple of months to see if you like the place before committing to a major move.
Brrr. Would not live in those northern states because of the snow. And about Arkansas - I live in northwest Arkansas, home of Walmart, Tyson foods, Sam's club, JB Hunt trucking, and other Fortune 100 companies. They drive the area to have great healthcare, culture, etc. Affordability is relative - it's getting more expensive to live here, but nothing like the coasts. And we have great four seasons in the Ozark mountains.
I would be interested to see where you found the US healthcare system rated so high. The best ranking I could find was 18th, with most rankings placing us in the high 20s or worse and that is mostly due to the insane cost of healthcare here. Anyone who has priced international health insurance knows that coverage costs quadruple if you include the US in your policy. I have been to all of the states that made your list, and would never move to any of them. In fact I would never return to any of them for just a visit. I just don't like the culture and climate there.
Jeff, I enjoy your videos. I was watching on your "competitors" regarding the 2022/2023 Spending Bill, specifically parts related to retirement. I hope that you will do a video regarding retirement changes. Finally, as I'm listening to your video on Christmas Eve, in Kansas City, I'm freezing, as we are stuck in a refrigerator (which should break by midweek).
I’m staying In Ohio, has the same weather as Wi,Il,Mi,parts of WV… out in the countryside beautiful and basically the same culture as the states previously listed. Lots of deals for sr citizens, big cities, theater, museums, etc are around an hour away,by car…some closer…but referring to the big cities. World class healthcare Cleveland Clinic, University Hospitals, Ohio Health,Anita…all have satellite facilities scattered all over the state. Affordable housing, taxes may be more but retirees get a break in income taxes even at the state level. If I had to move out of state,I’d probably choose Mi .
Interesting...I also lived in Hawaii from 7 to 11th grade. My dad also flew helicopters for the Army out of Wheeler Field. It was a great childhood. Went back recently...and would not want to live there. Probably will not even vacation there. Too crowded and too expensive.
Careful about judging affordability by state. Some places in each state can be significantly more expensive than other places, and drive up the state average. Check your specific area of interest.
I was thinking the same thing. It's also the same for the crime rate. Cost of living and crime rates are significantly higher in those states listed. That would leave more rural areas of the states listed. That could be a hindrance to someone who is not from those states in that it could be awfully boring for them.
What Ted E. Bear said, he hit the nail on the head, Florida is dependent on where you live, even tho I live in Cen. Fl, real close to Cape Canaveral, I really like No.Fl alot less hustle an bustle outside of the bigger citys an a little cheaper to, medical is the only problem in the sticks outside the big citys in the north.
Typically, the lower the cost of living, the higher the crime rate. I would add that regional politics can be critical in someone's choice where to live. If you have strong political views, doing some homework about possible neighborhood, city, county, and state would be worthwhile.
I live in NYC and I’ll be retiring in Florida. Just the thought of retiring in any of the top five states you mentioned gives me anxiety. Florida isn’t perfect by any means, but if you pick the right place in that huge state it could just end up being paradise for those unattached to snow 😊. Just remember to fully insure your property for the next hurricane coming your way.
I’m in FL, budget for that insurance because it is going to cost you and a new roof every 10 years so you can keep your insurance. Insurance market here is a train wreck. And don’t forget flood insurance on top of homeowners
@@juanvideofotos Move to the coast. It's paradise. All the Hurricane talk is way overblown. We had three this year and I barely even noticed. Everything is just fine.
I was watching this telling my wife how i like Michigan ( cold enough to keep bugs away half the year, and riff raff stays inside most of the cold year)
I guess for me downsizing, smaller towns/semi rural. Mortgage paid off/no rent payment. No other debts. I’d say it’s at least a good start on creating some partial hedge of protection for myself. Avoid other expenses like high insurance/fancy beach areas etc). Be proactive about my health. Colonel Sanders, of course. Lol.
Haha, I met the Colonel when I was in the 5th grade. Private setting at the home of my friend. Long story short, I also served as a USCG helicopter flight mechanic later on in life.
I'm moving from San Diego to South Carolina beach area. I don't like any of your suggestions just because the cold weather is not compatible with retirement
I listen to your talks all the time and think your information is spot on. I happen to disagree with the top 5. Huntsville, Alabama made the number one city in the US for a reason.
It was Colonel Sanders! I saw him when he was one of two Grand Marshalls at the Portland Oregon Rose Festival Parade in 1967. The other Grand Marshall was Leonard Nimoy. I was ten years old. It was fantastic!
I also saw him that June ...I had just turned 11. He was visiting his restaurant on 82nd Avenue in NE Portland. He was very polite but I also remember him being fairly short.
I’m surprised Michigan is on the list since car insurance is very expensive, as is heating in winter, and, if retired, the state at least partially taxes pensions and withdrawals from retirement accounts. And, unlike some states, there really isn’t much of a discount for seniors on property taxes.
A State that will be a champion attraction for retirees to live in will have these attributes: 1. Social Security benefit is not taxed. 2. A one time over-60 voucher of 1,000.00 dollars annually to assist seniors with housing. 3. No cost unlimited Ride bus ride Pass. 4. A lower cost of living. 5. Good Clinics and Hospitals. 6. Good number of Colleges and Universities, *Blue-Collar* *Trade* *Schools* and Technical Schools. 7. Safety by low crime. 8. Excellent cell phone signal coverage. 9. LOW rental housing rates (Especially for well-appointed STUDIOS). So, this is not even a list of 10. This list describes a State that has a lot of older adults, and a lot of younger adults, and little in-between (less presence of families in the middle of Life with infants, toddlers and school aged children or youth). This is an interesting scenario since the older aged group will likely serve the younger aged group in the form of part-time working roles (as the young adults are primarily engaged in full time school academic schedules). The State that can make these changes readily and become the very best State for seniors and retirees appears to be Arkansas.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@Elliot-Ivan That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@EleanorMabel My advisor is Victoria Carmen Santaella
Nah I Can't say I can relate, Victoria Carmen Santaella charge is one-off and pretty reasonable when compared to what I benefit in returns.
@@Elliot-Ivan I will give this a look, thanks a bunch for sharing.
One problem in the USA is that no matter where you live, medical care is never affordable. The criminal cabal between legislators and the medical industry (Pharma, Insurance, and facility-owning corporations) has created a complete mess for the country.
Talk to your GOP congresspersons and senators. They are the ones against universal health care.
c'mon man, you know our ruling elites need to send our tax money overseas so they can launder it more easily. Zelensky's Folly is just the latest after Syria, Afghanistan, Iraq, Libya,...
So true. I couldn't believe that I was charged nearly 500 bucks to cover office overhead - like renting a motel room by the hour?! - for the few minutes that my dermatologist to spray a few spots on my face. Then I was of course also charged for doctor's time, etc.
@@mares3841 A friend of mine was telling me about his father being in the hospital for a couple of weeks before he passed - the bill was over $500,000! Now Medicare picked it up most of that, but it points to a huge part of the problem: the fact that he stated this to me like it was "normal" and the fact that CMS is getting ripped off by the medical industry, which ultimately affects all retirees and taxpayers.
This country has turned into one giant grift. We have the best government money can buy.
@@mares3841 It sounds like you had cryotherapy to remove spots, skin tags, keratosis, etc off your face. NO INSURANCE covers that. You should have checked with various dermatologists to find out their price to do that then go with the cheapest, or with the one you felt was the most competent. When something isn’t affecting your health, it will be an out of pocket expense. You can’t complain about that.
Left Michigan and retired in Vermont. Great decision for us. Low crime, low cost insurances. Beautiful seasons, active community. Would like warmer weather, but didn't have that in Michigan, either.
Welcome! From a flat lander who's lived in Vermont for 20 years.
Visited Vermont in 2014. The fellow at the tourism office was folksy but the average folks were rather cold.
@@MrCPPG probably the weather affecting their personality.
I would add climate as an important variable. Moved to Vermont two years ago. It is chilly for a few months but seemingly less then it used to be. Under climate change, the northeast is expected to warm up. As the south and west heats up a lot.
I almost did that. I was living in Grand Rapids, and ended up retiring near Alpena, but I almost went to Brattleboro, Vermont.
I'd love a version of this video showing the top 5 states that fit these criteria with moderate weather - I want to be able to walk outdoors year round - better for health, saves on utilities - great for retirement.
A lot of affordability depends on your personal situation. If you live in an expensive state, but you bought your house many years ago and paid it off, and you live in a town with low property tax, you may have a great deal already. Studies have shown that retirees spend about 40% of their income on housing, so if your housing costs are very low you might consider staying put.
Harland David Sanders was an American businessman, best known for founding fast food chicken restaurant chain Kentucky Fried Chicken and later acting as the company's brand ambassador and symbol. His name and image are still symbols of the company.
Best known yes, but most interesting fact is that he moved his wife out of the main house and moved a waitress in. Wife continued to run the restaurant. Whole new meaning to finger lickin chicken
Colonel Harland David Sanders - the iconic image behind Kentucky Fried Chicken. His life story is a perfect example of the tenacity and hard work that paved the way for so many fledgling entrepreneurs. This video is very timely in that I am just starting to plan on where I want to retire in the next two years. Sadly, the five states mentioned are no where near my radar - but the information you have provided to reach the list of five is outstanding!! Along with affordability and safety, I would want to add tax information; active adult community; friendliness; drivability and weather. Part of my research at the moment is finding active senior condos/apartments in a variety of states. Like you said early on in your video, it would be nice to live near people my own age with similar interests. Thank you for ALL of your very informative and helpful videos. Really appreciate the time you take to educate your followers!!
I did not expect to see Col Sanders. That just made my day!
An isolated island in the South Pacific sounds great right about now.
Until war that is…
There are people already there. And they don't like you.
Geography doesn't solve problems because wherever you go, there you are. Grow where you are planted. At retirement you need your MD, your attorney, your accountant, and a community that sustains you. You will need to pick and choose how you allocate your ime, talent, and resources, but you've been doing that all along.
I don't have any of the 4 you mentioned and I'm fine with that no matter where I live. Grew up in military family. Figure so far I've moved 75 times and no place is home. Missed stability growing up like a lot of people have growing up
in one place. No friends cause either they or I moved.
Property tax rate should be a factor, and how they change over time, especially for people of retirement age. Property tax cuts into your life style when you retire.
I take serious issue with Illinois being on your list. I live here and it’s expensive! The property taxes are insane. Cost of living is high as well. Further evaluation is needed.
Agreed 👍
THANKS, JEFF! FOR THE INFORMATIVE INFORMATION! AND THE PICTURE OF YOUR DAD WITH THE COLONEL!
I appreciate all that you do to keep us informed on money matters. That said, numbers and statistics can be misleading and don’t tell the whole story. This analysis paints with a broad brush. There are huge differences with these metrics within each of the mentioned states. For example; in Florida, the cost of living difference from Miami/Ft. Lauderdale area and the Ocala Gainesville area is substantial.
Thanks for the video! None of the top 5 would be in my retirement list!
Col. Sanders. Very interesting and informative video. Thank you and thank you to your father for his service!
Col. Sanders-finger-licking’ good! Enjoying your content Geoff. Thanks so much, Jake
I am old enough to remember when Colonel Sanders was just getting Kentucky Fried Chicken started. Believe it or not, his first franchise was in Utah, which is where we live, and we love being retired in the state with the youngest population. It is a definite plus for us. We watch our neighbor's young children playing in a park-like conglomerations of back yards that are not divided by fences or social barriers. They are like "extra" grandchildren for us!
Too bad that Utah is not tax friendly to retirees. 👎
3900 south and State street was the first one.
I’m in south Florida. While the weather is great , crime and cost of living is bad!
Florida is extremely overrated.
I met him as a child in the 1960's. My father was working on his campaign for Kraft Foods in the 1960's.
What are 6 through 10? I wouldn't consider the top 5 as retirement destinations for most people.
The winters are bad in all but one, being West Virginia, but it’s also quite humid in the summer.
An ice storm every winter for those living in the West Virginia "hills" is a lot more dangerous than a giant dump of snow up to 18" in a 50 degree below zero Minnesota winter.
WVA has long miserable winters.
I have really learned a lot from your vids! Thank you! I'm a couple years out from retirement.
As you stated, the criteria is personal. Personally, I would not want to be trapped on a large collection of volcanoes located miles out to sea (I don't care how 'wonderful' it is!) nor a spongy, alligator ridden, swampy, hurricane prone peninsula - all that water! Not a strong swimmer and after having the sand sucked out from under my feet and landing on a stinking pile of kelp as a kid on a CA beach, I gave up the ocean (well, any body of water actually like lakes etc) - I like to visit, but not live there. Additionally, getting a crick in my neck trying to see the sky doesn't interest me either so mountains are out for me. But then, I'm a flat-lander who loves watching the sky & weather, working with my horse and a 'southwest US lite" lifestyle. Living in OK I have found the weather and the medical to be quite adequate (within reason - 3 day springs & autumns are a bit nuts) - but I am generally healthy, outdoorsy type; and it helps that my extended family live within a 2 mile and/or 3 hour driving radius.
"Living in OK"????
If you're living in Oklahoma, you're in one of the top 5 worst states for medical.
And a relative of mine confirmed this!
@@jstravelers4094 Guess that depends on what you want/need medically and your relationship with your healthcare provider. Its that whole 'personal' thing.
Central Illinois where I live is great. But Chicago is a very dangerous city as is East St Louis. But in between those cities it’s very affordable. But the state is run by organized crime in Chicago.
I like downstate Illinois, housing is affordable. I live in South Texas now
I appreciate this list and would love it if expanded it to the top 10 or 20.
Yay Michigan! I’ve lived here all my life and at age 68, I’m not going anywhere.
What part of Michigan
These “simply numbers” game always cracks me up. There are pockets in each state that you would and wouldn’t want to live in. Lumping crime rates from cities into these numbers do nothing but skew results. In my county, I am 90 miles away from the city that has a high crime rate but skews results for the entire state. I live by the beach, have low taxes in a relatively temperate climate. In case I need comprehensive healthcare to treat serious illness, I live close to major healthcare hubs. I’m not sharing the state because I want to keep this locale a secret.
Dang!
Colonel Sanders haha...great photo. Personally, I don't mind a little bit of winter weather. I've lived in Ohio my entire life and I've come to appreciate the change of seasons. Maybe it's the rebirth of nature in the sprint, who knows, but I don't think I'd want to live anywhere without that. Also, the beauty of retirement is that you can travel to whatever whether you wish, if you get tired of the weather where you live. The 'snow bird' folks figured this out decades ago. I think Tennessee offers a happy medium for weather.
Love your videos! I thought it was very interesting to hear you lived in Hawaii as a child and that your father was a helo pilot. I also lived at Schofield Barracks as a 10 year old (1973-1976) And my father was a helicopter pilot, 2 tours in Nam. Hawaii was definitely my favorite tour! Waianae was the best beach on the Island in my young memory. North shore came in 2nd. Keep up the great videos and Shaka brah!!! Col Sanders!!!
Some people might want to be driving along lakeshore drive looking at the ocean but more than likely they are looking at a lake.
I liked this and don't have any problem with your conclusions. It's just that I can't help but think about the regional differences that exists within states. There are a lot of good examples. Is the panhandle of Florida that much different from southern Alabama and should you lump in the panhandle with south Florida? In Hawaii, the big Island is a little different from the other islands. Most people split Texas up in to about five different regions, all with their advantages and disadvantages. I think it wouldn't be doing your homework if you made a decision just based on the name of the state you are considering.
Even in West Virginia, which is small, there are huge differences. Unlike many parts of the state, Morgantown has excellent access to health care, but access doesn’t mean affordable. Housing is only slightly less expensive than where I live outside Washington, DC (though property taxes are significantly lower), and groceries are actually higher. Although it may make sense for me to move to WV someday to be near family, for the short term, I think I’m just as well off financially staying where I am, and I do enjoy some benefits from my high property taxes. Not to mention access to international airports and other pluses that make retirement much better.
so true
I live in DeSoto County Mississippi and I think I'll stay here for now.
📌Do what everybody else is doing if you are okay with only having what everybody else has.Information that will pay you everyday, you've got to stop saving all your money.
Venture into investing some, if you really want financial stability.
Choose to grow and elevate your mind by studying audios, videos, attending conferences that will give you the edge!
Investment guidance sounds like a great idea,thought about it before but never knew how to go about it.
@@debbiecowdrey1358 I used to invest on my own because of making your money work for you mentality but never made any progress until I sought the guidance of Juan Antonio Landa and she has made me understand that strategy is everything.
Wow…..Juan Antonio Landa?
I basically follow her trade pattern and haven’t regretted doing so.Hence I can confidently say I’m impressed by my returns so far.
@@harrisvangeest5134 This is refreshing coincidence,she has been handling my trade, it’s been a year now and the experience has been amazing.
I love living in Michigan! Glad to hear it's in the top five. Living by Lake Michigan, we have a saying "No sharks, no salt, and no stress...Lake Michigan".
Video starts at 12:08...
I live in NM and I think your probably right on safety.
My criteria is much different. In retirement I would like to be an hour from several major cities in my state that offer the cultural and recreational things I love as they would be more expensive to live in. I chose N. Carolina because the crime is relatively low, taxes are reasonable, one has access to several major cities, the coast, and the mountains.
Spending several weeks in an expensive city during the year is far more affordable than living there full-time.
Hawaii is expensive. It is also incredibly isolated as to food, fuel and other practicalities. A serious supply problem will strangle anyone on islands.
It's called "Rock fever"
Great information on the top five. As I read in another comment, it would be great to hear what the top 10 are. Also, being a visual person, it would be great to see the states on your white board. This will allow people to take a picture of the top five or ten, if you do one. Allowing people to see the list at all times. Again, thank you for the information.
Wow, my house is 5 minutes from Barbers Point. I still go to the clinic there! Small world.
West Virginia levies income tax on Social Security - was that factored into the affordability?
For the record - these are the 12 states that collect income tax on SS: Colorado, Connecticut, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, Rhode Island, Utah, Vermont, and West Virginia.
For me, that is pretty much an automatic eliminator.
But it SNOWS alot in the top 5 here. What are the top 5 for "tropical birds"? Older people have trouble on ice. Thanks for your clever videos!
Hi Geoff!
That’s of course…the great Colonel Sanders… who, by the way went to over 1009 restaurants till he found one that bought his recipe learned that from Tony Robbins and Jim Rohn… Anyway, phenomenal video as always your truly are a brilliant mind….
Respectfully,
Jimmy USAF🇺🇸
Col Sanders. I live on Oahu. It is very 😂 expensive. The economic times don’t seem to be affecting tourism. It’s called an Aloha shirt not a Hawaiian shirt. 😉
To give you an idea of home costs. We paid $380,000 for a 679sq ft townhome 4 years ago and now it’s worth $500,000. We won’t retire here but it is an awesome place to live and has a huge population of retirees. We
also have awesome heathcare.❤
I liked both this video and the one about living outside the US. I am a little too far out to have plans in fine detail, but I like the idea of having it both ways and spending part of the year in the US (e.g., Iowa or surrounding Midwest states), and part of the year in Bogota or the surrounding area (family considerations in both cases). Sort of a snowbird 2.0. In order to benefit from, say, living 6 months as an expat, I would need to figure out how to arrange housing expenses and how to set up medical arrangements to serve and benefit in both parts (e.g., try to get most our medical care outside the US, not spend more than we have to on Medicare, but not cut off options if we spend the later phase of our retirement primarily in the US). On the housing side, it would be interesting to hear a video on whether retirees have managed to use airbnb or other house-sharing arrangements to address such challenges.
Evaluating states to retire by simplifying to several objectives is interesting but fatally flawed. Not everyone weights the criteria equally. Seeing the states selected here proves this point using my objectives.
As noted in the video, the criteria are based on those listed, with affordability and safety being the top areas in this video. Of course if those criteria don’t fit your personal preferences/circumstances then adjust as necessary.
Very interesting video. I know Mississippi always gets dumped upon but my daughter went to college there and got her Masters. She then got her first job at the University of Memphis, stayed for a year and couldn't wait to get out of the area, way to dangerous. I was thrilled when she decided to quit her job and Move. Where did she move, back to Mississippi along the Gulf coast. She loves Mississippi and the people are extremely friendly. I'm from NY so it almost seems like a trick. I've been down there twice now and I gotta say it's a pretty nice place. A lot of people retire down there and it seems to have everything you need. It is different then the rest of the state just like many other ocean or Gulf towns are different than inland areas . She researched it but had visited before and believe me I researched as well when she said she wanted to move down there. Yes it's Hot for 2/3rds of the year but the Winter is mild. I also think it is important to move near an airport, Gulfport Mississippi has a beautiful airport that takes 5 minutes to get through security. When you retire you want people to visit and you still want to visit people. Like any coastal area you need to watch the weather but that's like all of the East and Gulf coasts
In Alabama they say " at least we are not Mississippi".
@@pensacola321 Both states get dumped on actually and you kind of made my point. Alabama along the coast seems pretty nice as well. That's all I've seen but I know many retire down there as well
Interesting! We did the same ranking using Google date ten years ago. We chose Arizona for Mayo Clinic. And housing prices back then. As an offshoot, we may visit your top three next summer given we think the current economic conditions wane.
This is the problem with choosing just based on statistics. I’ve lived in or traveled extensively through all five states you named as the top, but I wouldn’t want to live in any one of them! Taxes and cost of living would be the number one factor along with weather.
I have to agree with you. We just fled Illinois because we didn't want to retire there.
@@robcleeton2606 If you are actually retired in Illinois you don’t pay income taxes on pensions or 401K distributions. Just need to move outside of the Chicago metro area to get away from high property taxes.
Good point. Also a city in a state is not necessarily indicative of the whole state. NYC is what everyone thinks of, but I'm sure it's much more idyllic somewhere like Indian Lake, in upstate.
A number of those criteria are rather mutable. Crime rate varies a lot within a state with big cities generally more dangerous than small towns. Cost of living is also extremely variable from place to place within a state. I am in Maine and there are places here where you can still buy a house for $35K and other places where $1M will get you a renovated garage. A big factor for many people is state taxation. I include income tax, property tax and state/county/city fees in that category. Depending on how a retiiree's income is structured, a low income tax state may be a big factor in affordability.
I think you left out a huge factor - Lifestyle. For example, I am a lifelong boater and simply could not be happy in an inland state. Perhaps that falls into your culture category. In my case, is the overriding factor with weather a close second (I hate hot weather). When I consider those factors alone I am restricted to Washington, Maine, Massachusetts, Rhode Island and MAYBE Connecticut although it is pretty hot there in the summer..
Excellent choices!
Surrounded by Red Sox fans, or Mariners fans - you can’t go wrong!
@@patlynch6517 Well sports fans are a negative in any location, no matter that their variety.
Hate hot weather too…TN no state tax 😊
You must be commended for your success, and your service to humanity.
He must!
Some of the criteria are so subjective to one's taste and interest. The bottom line is home is where you want to be. We love Northern CA near Walnut Creek. Can't beat the weather (except this week's much-needed rain) and money is not a factor for us. Decent schools, good health care, tons of friends and family close by and our beloved church family is here.
Colonel Sanders... can't help but smell fried chicken when you see his image. Terrific stats and presentation, as always. Friends in real estate reported that last year, they had a huge influx of buyer clients here in Alabama from all over the country. Buyers for my mother's home were moving back here from Ecuador. They had moved there when he sold his business and retired (so they could live off of SS easily) but eventually became frustrated with the inability to communicate/language barrier in every day errands & life. (Sorta thought one might consider that before making such a leap.) However, they landed where they could easily pay cash for a home in a decent neighborhood, and referred other friends to the area. Found that very interesting!
Col Sanders!! Always so much great info. Thank you
Harland David Sanders (I had to look that part up) AKA Corneal Sanders. It would be a lot harder to do but a breakdown by zip code or county would be good. Some places in New York or California might rate better than some parts of Illinois.
Crime rates are a little deceptive now because certain places stopped reporting their crime that is committed by certain people. Just a heads up.
Attorney generals in some states aren't prosecuting certain types of crimes anymore, either. Those crimes don't get included in the numbers.
California, if you've paid off your house. Great weather, the most beautiful state in the country, beaches, forests, mountains, deserts, and the best fishing in the country.
Illinois doesn’t tax any retirement income, no hurricanes and housing expenses aren’t that bad. There’s country living, small towns, suburbs and there are nice neighborhoods (more expensive) in the city of Chicago. Also lots of excellent health care in Chicago and surrounding suburbs.
Wow, you did a lot of work here, it is appreciated and thank you! The man with your dad is Colonel Harland David Sanders. I live in Wisconsin, and so this news makes me feel happy being here, and retired, and having my house paid for. Probably the most unsafe I feel here is driving, due to weather conditions such as ice, snow, thunderstorms, hail, and some of the freeways. Besides that, the little town I live in is pretty safe. The other big problem here is a lot of alcohol consumption which can lead to accidents and a lot of domestic violence. The state as a whole is incredibly beautiful with many state parks, lots of culture, and many different things to do, eat, and enjoy. There are even UFO sightings here.
Where in Wisconsin do you live? Thinking about moving back from the west coast
@@veronicaacosta6577 I don't get too personal on here...but the lower part. I don't know what part of the West Coast you are from... But I am from Wisconsin and have lived in Oregon and California. I miss the growing season and fresh fruits and vegetables year round. I also miss the warmer weather when it is cold here. But... I would tell you to go for it.. before it gets too cold. The thing is you can always move back. There are lots of jobs and you might love it.
@@AhJodie thanks Jodie. I lived in California for 30 years but went to school in Madison, Wisconsin prior to moving. I bought a home there but wondering about the weather.. true… could try it out and always go back… good to have options
@@veronicaacosta6577 Madison is bigger and more expensive than my town but a fun place to do lots of stuff. Today the weather is perfect for me. If you went to school here then you know about the weather. Coldest month is usually January. But I have had heat on in the evening this week. I know what you are looking for...life style? Safety? Jobs? I don't know your skills. If you can do healthcare or factory or service then there are many jobs. It is easier to drive here before winter though. So if you come... do it soon. Trust your heart and talk to angels or God or your Higher Power... Let that guide you. Don't let fear run your life. ❤️❤️❤️
@@AhJodie thank you!❤️❤️
Surprised that.state income tax rates weren’t a factor.
I know!
Agreed. State income tax is defined a no-go for me and in most states it’s significant.
On health care, insurance companies have analysis that shows where best health care is in US, based on best outcomes and cost. In general best outcomes are not based on dollars spent. Or, dollars spent do not give you best outcomes.
Curious to know where my state stands. Would it be possible to list all 50 states per the criteria you desc, it being understood that other factors also should be taken into account such as climate and family? It would be nice to know. Thanks for the great videos btw!
Or at least the top 10. 👽👍
As a resident of Illinois I can tell you people are leaving in droves as the crime here is off the charts. So I absolutely do not agree with that pick.
I hear you. I went to business school at Kellogg and have family there, but the numbers refer to the state as a whole not Chicago
I live in Illinois, but haven't been into Chicago in years. "Leadership" is very poor and crime prosecution is almost nonexistent. The new state-wide SAFE-T act due to come into affect Jan 01, 2023, is frightening, wherein many will not be required to post bail to go back onto the streets before trial.
Thank you for the detailed video and the gentleman with the cane next to your dad is Colonel Sanders.
Nice video, but all three states are where the Winters are bad. Nope! Staying in Texas. I don't have to put my rear wheel drive high horsepower daily driver away for months at a time every year.
I was stationed at barbers point for three years. I used to play basketball on my lunch hour at the Coast Guard station. This was in the early 1990s. Surfing was pretty good too. Loved my time there but I wouldn't want to live there permanently just because it's so far away from everybody that I know and love.
Just like you mentioned for crime IMO health care can vary within a given state.
You mentioned Alabama as one of the 5 worst in this category. However I live in Huntsville & have to use various medical facilities over last several years. I have also lived in various parts of the country.
I consider Huntsville medical facilities to be very good & on par with many other large cities. Not sure about the rest of Alabama
Thanks for doing the systematic research. I will explore West Virginia. I wonder about the taxes.
My Dad also met the Colonel. Dad went to school with a fellow by the name of Pete Harmon. Pete Harmon met the Colonel and the old boy wanted to teach Pete Harmon how to pressure cook Chicken. Pete called my Dad about acquiring a BIG pressure cooker and Dad told Pete to call the Salt Lake Hardware company. Salt Lake Hardware was able to order what they needed and after the chicken started cooking my Dad was invited to have Chicken dinner with Pete Harmon and the Colonel. ---- The original KFC is still standing in Salt Lake City.
Col SAnders.
I will stay in Mass; your top 5 just are not close to desirable!
Interesting correlation between affordability and safety. Other factors such as healthcare and family proximity are definitely on point. Other factors to consider are food and energy security.
Portugal and Panama are great choices. We chose Mexico due to proximity to family but considered Panama and Portugal alternatives.
Wyoming, Michigan, Wisconsin, are northern Midwestern states. Absolutely not based on weather alone.
Col. Sanders, Kentucky Fired Chicken.
Is there a place where all these statistics are available? When you got to “we want to retire around other old people” you lost me. As you said earlier, everybody has different priorities.
Col. Sanders used to come to Duke for the Rice Diet weight loss spa in the mid 60s. When at the Medical School he would hang out at the student coffee shop, very small but very private. Very pleasant man who strangely dressed in that white suit daily.
Visited Hawaii in 1983 it was absolutely beautiful back then.
We just bought land just west of Knoxville, TN to build a home ($17k for 3½ acres in a gated waterfront community). We'll be moving from pop 285,000 to pop 5400 and I can't wait! When we filled up the rental car last week gas was $3.05, and when we got home to Phoenix it was $4.99, which is criminally absurd. It costs $100 in TN to register our RV and $1800 in Phoenix. The icing on the cake is that Tennessee doesn't tax social security or other retirement income. We plan to rent our Phoenix house out for 3 years while we tour the country in the RV while waiting for prices to come down before building. Rent and social security will pay all expenses so we won't have to touch our retirement, which is down 17%. Hopefully, it will start recovering by then!!!
Arizona does not tax social Security either.
@@justincase2830 I know... I start collecting next month...
@@outbackwack368 Good! Get it while the getting is good!
I only met Ike &Tina turner. In 1960 also Andy Devine. Old time cowboy sidekick.
Thanks for your videos, there’s always food for thought.
I was wondering when you were in Hawaii. I was there from ‘64-‘67, also a military brat (even though I hate the term). Hawaii was much different back then. My dad bought a house for $13,000 (though it had some strange 99 year lease of the land, but I don’t know the details).
Anyway, I went into the Air Force, as well, and can verify it’s an excellent way to sample different places to decide where you want to live or retire. I wonder how many people who are thinking of relocating for retirement have not travelled much in their lives? I would recommend renting for a couple of months to see if you like the place before committing to a major move.
Brrr. Would not live in those northern states because of the snow. And about Arkansas - I live in northwest Arkansas, home of Walmart, Tyson foods, Sam's club, JB Hunt trucking, and other Fortune 100 companies. They drive the area to have great healthcare, culture, etc. Affordability is relative - it's getting more expensive to live here, but nothing like the coasts. And we have great four seasons in the Ozark mountains.
I would be interested to see where you found the US healthcare system rated so high. The best ranking I could find was 18th, with most rankings placing us in the high 20s or worse and that is mostly due to the insane cost of healthcare here. Anyone who has priced international health insurance knows that coverage costs quadruple if you include the US in your policy. I have been to all of the states that made your list, and would never move to any of them. In fact I would never return to any of them for just a visit. I just don't like the culture and climate there.
Jeff, I enjoy your videos. I was watching on your "competitors" regarding the 2022/2023 Spending Bill, specifically parts related to retirement. I hope that you will do a video regarding retirement changes. Finally, as I'm listening to your video on Christmas Eve, in Kansas City, I'm freezing, as we are stuck in a refrigerator (which should break by midweek).
I’m staying In Ohio, has the same weather as Wi,Il,Mi,parts of WV… out in the countryside beautiful and basically the same culture as the states previously listed. Lots of deals for sr citizens, big cities, theater, museums, etc are around an hour away,by car…some closer…but referring to the big cities. World class healthcare Cleveland Clinic, University Hospitals, Ohio Health,Anita…all have satellite facilities scattered all over the state. Affordable housing, taxes may be more but retirees get a break in income taxes even at the state level. If I had to move out of state,I’d probably choose Mi .
Interesting...I also lived in Hawaii from 7 to 11th grade. My dad also flew helicopters for the Army out of Wheeler Field. It was a great childhood. Went back recently...and would not want to live there. Probably will not even vacation there. Too crowded and too expensive.
Careful about judging affordability by state. Some places in each state can be significantly more expensive than other places, and drive up the state average. Check your specific area of interest.
I was thinking the same thing. It's also the same for the crime rate. Cost of living and crime rates are significantly higher in those states listed.
That would leave more rural areas of the states listed. That could be a hindrance to someone who is not from those states in that it could be awfully boring for them.
What Ted E. Bear said, he hit the nail on the head, Florida is dependent on where you live, even tho I live in Cen. Fl, real close to Cape Canaveral, I really like No.Fl alot less hustle an bustle outside of the bigger citys an a little cheaper to, medical is the only problem in the sticks outside the big citys in the north.
Typically, the lower the cost of living, the higher the crime rate. I would add that regional politics can be critical in someone's choice where to live. If you have strong political views, doing some homework about possible neighborhood, city, county, and state would be worthwhile.
I live in NYC and I’ll be retiring in Florida. Just the thought of retiring in any of the top five states you mentioned gives me anxiety. Florida isn’t perfect by any means, but if you pick the right place in that huge state it could just end up being paradise for those unattached to snow 😊. Just remember to fully insure your property for the next hurricane coming your way.
Avoid the coast, Florida has many places, no need to worry about hurricanes, I like Dunnellon, lots of things to do and far way from the big cities.
I’m in FL, budget for that insurance because it is going to cost you and a new roof every 10 years so you can keep your insurance. Insurance market here is a train wreck. And don’t forget flood insurance on top of homeowners
@@juanvideofotos Move to the coast. It's paradise. All the Hurricane talk is way overblown. We had three this year and I barely even noticed. Everything is just fine.
@@midlife_minimalist A new roof every 10 yrs? I've lived in FL on the SE coast and have replaced my roof ONCE.
Central Fl near leesburg is good
Col Harland David Sanders...better late than never. Thanks for all your efforts!
I was watching this telling my wife how i like Michigan ( cold enough to keep bugs away half the year, and riff raff stays inside most of the cold year)
Harland Sanders. Excellent analysis.
NYC is not bad if you are already established with housing here. Plenty of culture (museums, concerts), doctors and medical centers. 2-3 airports.
Yeah…but the crime 😮
I guess for me downsizing, smaller towns/semi rural. Mortgage paid off/no rent payment. No other debts. I’d say it’s at least a good start on creating some partial hedge of protection for myself. Avoid other expenses like high insurance/fancy beach areas etc). Be proactive about my health.
Colonel Sanders, of course. Lol.
In Southern California we would call him, Colonel Jose Sanchez..
W VA and Wyoming ...... maybe. You should include a freedom index.
Haha, I met the Colonel when I was in the 5th grade. Private setting at the home of my friend. Long story short, I also served as a USCG helicopter flight mechanic later on in life.
I'm moving from San Diego to South Carolina beach area. I don't like any of your suggestions just because the cold weather is not compatible with retirement
Wow sc beach area....lucky you heavenly....
I listen to your talks all the time and think your information is spot on. I happen to disagree with the top 5. Huntsville, Alabama made the number one city in the US for a reason.
Alabama is a good place to be "from".
It was Colonel Sanders! I saw him when he was one of two Grand Marshalls at the Portland Oregon Rose Festival Parade in 1967. The other Grand Marshall was Leonard Nimoy. I was ten years old. It was fantastic!
I also saw him that June ...I had just turned 11. He was visiting his restaurant on 82nd Avenue in NE Portland. He was very polite but I also remember him being fairly short.
I like the content of this video but I think the data would be best view as a webpage so you can see all the stats at once.
Check out the link in the description
Thanks, I and probably a lot, sometimes completely forget to check the description.
I’m surprised Michigan is on the list since car insurance is very expensive, as is heating in winter, and, if retired, the state at least partially taxes pensions and withdrawals from retirement accounts. And, unlike some states, there really isn’t much of a discount for seniors on property taxes.
A State that will be a champion attraction for retirees to live in will have these attributes:
1. Social Security benefit is not taxed.
2. A one time over-60 voucher of 1,000.00 dollars annually to assist seniors with housing.
3. No cost unlimited Ride bus ride Pass.
4. A lower cost of living.
5. Good Clinics and Hospitals.
6. Good number of Colleges and Universities, *Blue-Collar* *Trade* *Schools* and Technical Schools.
7. Safety by low crime.
8. Excellent cell phone signal coverage.
9. LOW rental housing rates (Especially for well-appointed STUDIOS).
So, this is not even a list of 10.
This list describes a State that has a lot of older adults, and a lot of younger adults, and little in-between (less presence of families in the middle of Life with infants, toddlers and school aged children or youth).
This is an interesting scenario since the older aged group will likely serve the younger aged group in the form of part-time working roles (as the young adults are primarily engaged in full time school academic schedules).
The State that can make these changes readily and become the very best State for seniors and retirees appears to be Arkansas.