What can you say about the 2nd worst state to retire to? If you’re thinking of retiring to Minnesota then it’s really not that bad. High taxes and poor weather ruin an otherwise average place to retire to in terms of our retirement study.
Minnesota is one of those states that people retire to and will swear it’s amazing. The metrics don’t measure up and but with low crime, decent health care and average affordability it’s better than it’s dubious ranking would lead on.
In every metric that matters to people that are at retirement age, Minnesota fails (except health care). The people of Minnesota are over taxed (4th highest taxes in the nation) and no exemptions for retirees, the winters are down right deadly, higher than average sales taxes and real estate prices. Retirees do choose Minnesota but we suspect there’s something else drawing them to the state.
Best Retirement Cities reviewed all 50 states against 10 different retirement criteria to determine what was truly the best state to retire to.