Tuesday, November 09, 2010

Tennessee Ranked 6th Worst State for Retirement

Tennessee is listed in the ten worst states for retirement by MoneyRates.com. The study is based on economic factors, climate, crime and life expectancy:

Economic factors: Cost of living is 89 percent of the national average, unemployment is at 9.8 percent, and the average state and local tax burden is 8.3 percent.

Climate: Average monthly temperatures range from 36.32 degrees in January to 77.29 degrees in July.

Crime rate: 2nd in the nation in violent crime, and 6th in property crime.

Life expectancy: 75.1 years.

Reason for low rank: Tennessee is a cheap place to live, with a low cost of living and average tax burden, but this doesn't make up for being one of the worst states for crime and life expectancy.

Of course there are other considerations, like where your children live. But 77.29 degrees in July? I think Money.com has Tennessee confused with San Francisco. I wish the average temperature in July was 77 degrees. Try 95 degrees. Few states have Tennessee beat in the department of hellish hot summers. Money.com might want to move Tennessee to number 4 or 5. (2009 was an all time freak summer that saw record low July temperatures, since then we've returned to our normal hell.)

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