Choosing the right place to retire is important, especially when you want to enjoy your golden years without stress. Many people think New Jersey isn’t the best option for retirement, but the truth is, several other states have it worse in terms of cost, healthcare, weather, and lifestyle. Understanding these factors can help you make a better choice for your future.
In this article, we will explore the top 10 states that rank even lower than New Jersey for retirement in 2025. This information will help you compare and see why New Jersey might still be a reasonable option, or if you want to look elsewhere. Let’s dive into the states that retirees should be cautious about.
1. California
Although California is famous for its beautiful beaches and lively cities, it is one of the worst states for retirement due to its very high cost of living. Housing prices are extremely expensive, and state taxes are also high. For retirees on a fixed income, California can quickly become unaffordable.
2. New York
New York, especially New York City, has sky-high housing costs and steep taxes. Healthcare might be excellent, but the overall living cost can be stressful for retired people. Winters can also be harsh, making it less appealing for those looking to retire comfortably.
3. Illinois
Illinois faces problems like high property taxes and a struggling economy in many areas. Retirees might find the high taxes a burden and limited opportunities for leisure activities, especially in rural parts. Public safety is also a concern in some cities.
4. Connecticut
Connecticut has one of the highest tax rates in the US, including on retirement income. The cost of living and property taxes are high, and winters can be long and cold, which may not be ideal for seniors looking for mild weather.
5. Rhode Island
Rhode Island offers beautiful ocean views but has high taxes and costs of living. Healthcare costs can be steep, and property taxes add to the financial pressure on retirees. It might not be the best choice if you want to stretch your pension.
6. Massachusetts
Massachusetts has great healthcare facilities, but the high cost of living, steep taxes, and cold winters make it a tough place for retirement. Older adults could struggle with expenses related to housing and everyday needs.
7. Vermont
Vermont is known for its scenic beauty but it has high taxes and a harsh winter climate. The cost of living is also above average, which could make it challenging for retirees, especially those who prefer warm weather and lower expenses.
8. Hawaii
Hawaii sounds like a paradise but living costs, especially for food and housing, are very high. Additionally, it is far from the mainland, which can be tough for older people who want easy access to family and healthcare facilities.
9. Oregon
Oregon has no sales tax, but has high income and property taxes, plus a rising cost of living. Also, the rainy weather can be a downside for many retirees who prefer sunshine and outdoor activities.
10. Maryland
Maryland has expensive housing and relatively high taxes, along with busy city areas that can feel stressful. Public transportation and healthcare are good, but the overall cost and pace of life might be too much for some retirees.
Why New Jersey Still Has Its Pros for Retirees
New Jersey might have its challenges like taxes and cost of living, but it also offers proximity to big cities like New York and Philadelphia, which means better healthcare, cultural activities, and public transport. For retirees who want an active lifestyle with convenient access to city life, NJ can be a good choice.
In conclusion, while New Jersey is not perfect for retirement, many states have bigger problems that make them less suitable. Understanding these comparisons helps you make a smarter decision that balances cost, comfort, and lifestyle for your retirement years.
