Retire, Then Leave
- Plenty of folks are aware of the best states for retirees. But what are the 10 worst states in which to spend your golden years?
People of Illinois, California, New York, Rhode Island, New Jersey, Ohio, Wisconsin, Massachusetts, Connecticut and Nevada — you probably already know the answer.
The list, with Illinois leading the pack, comes from website TopRetirements.com. According to John Brady, president of TopRetirements.com, the 10 states earn this dubious distinction largely because of three factors: fiscal health, taxation, climate. - Topping his website's list, Illinois’s fiscal health could be the worst of any state, observed Brady. “It even borrowed money to fund its pension obligations,” he said.
Of course, if you're collecting a pension from any of the above listed state governments or local entities contained within, you're probably screwed, too.
Labels: pension
posted by SCC at 12:01 AM
11 Comments:
What do almost all the states listed have in common? They have been run by liberal democrats for a long time now. You dummies on the east coast, the west coast and a couple of states in the middle, just keep it up and when the time to divide up this country comes around, guess how broke you'll be? Tin cup broke with a cup of pencils and some apples to sell.
Back in the day, Royko used to say Chicago should secede from Illinois and become a city-state. I agreed back then because I thought the conservative parts of the state weren't nearly educated enough to hang with us city slickers. The only change is now I believe the people hinterlands have some common sense and should be taken away from this corrupt, socialist, toilet called Chicago and Cook County.
"Retire, Then Leave"
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Exactly my plan in 2 years.
I'm leaving and I won't be looking back.
Illinois stood among the few states that did NOT throw out most entrenched, big spending Dumicrats in last month's election. How else can you explain the retention of Pat Quinn, who ran on a platform stating that he wants to raise income taxes by at least 50%????
Since since the slight majority of civilians are imbeciles, you as Policeman have the opportunity to vote for REAL CHANGE by electing Mike Shields for FOP president. Do not listen to the anonymous "haters"who slam Mike on this blog. He has the working coppers backs!!! He has constantly stood up to Daley hacks like Ron Huberman, Stephanie Neeley, and the appointed chairman of the Pension board, John Gallagher. Mike has been a working copper in a busy ghetto district. He knows what its like to get shit on by incompetent bosses. But unlike most of us, he has the brass balls to fight them. You would be foolish to re-elect the current FOP party. Lets send a message to the City/County/State that we mean business! Mike Shields for President!!!!
That website has no credibility. They list Chicago as one of the top 100 places to retire. Silly
Chicago's a Great city , I'm retired staying in Chicago but spend my winters in Florida
damn, we even beat out the state of california which has been in the red for a long time--- the state of illinois would be fine except for it's problem child, the city of chicago--- you put a lot in and nothing comes out, a cesspool of welfare leeches and useless mutts---
In alphabetical order, seven states have no state income tax. They are Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming.
Two other states, Tennessee and New Hampshire, limit tax to only dividends and interest income as reported in US 1040, Schedule "B".
A retiree would be wise and frugal to leave Chicago, Cook County, Illinois.
The 2% rase was slap in the face.
This pension bait & switch is a kick in the balls. You guys who are retired may not escape a reduction of benifits and few avoid inflation.....good luck to all.
- a very unmotivated beat cop
To 12/10/2010 06:18:00 AM:
I'm happy for you but can you take a moment now and then and say a quick prayer for those that you leave behind?
Anonymous said...
To 12/10/2010 06:18:00 AM:
I'm happy for you but can you take a moment now and then and say a quick prayer for those that you leave behind?
12/10/2010 06:47:00 PM
Of course. I am sorry that it is that way.
Yeah, retire then leave, if your home is paid for and the shitty real estate market doesn't have you giving yournhouse away or if you're lucky enough not to be upside down in your mortgage.
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