Report: Colorado is a better place to retire than Florida

Written By Unknown on Senin, 22 Oktober 2012 | 23.08

 Colorado was listed Monday as the 6th best state to retire to by MoneyRates.com.

The analysis was based on life expectancy, climate, crime rate, economic conditions and senior population growth.

Hawaii was ranked first, followed by Idaho, Utah, Arizona, Virginia and Colorado.

The report said that while Colorado might be a cold-weather state to some, Colorado's other attractions for seniors "more than offset that.

"Only three states have seen faster growth in their senior populations, which is helped by the fact that seniors in Colorado tend to live for a long time."

Colorado placed ahead of Florida and New Mexico which tied for seventh.

As far as life expectancy category, the factors taken into account include things such as health care and the environment. MoneyRates.com said that to "make this factor especially relevant to seniors, MoneyRates.com used each state's life expectancy for people at age 65 today."

The worst state to retire to, said the report, was Michigan with Pennsylvania and Alaska tied for second. They were followed by Illinois and Massachusetts.

Howard Pankratz: 303-954-1939, hpankratz@denverpost.com or twitter.com/howardpankratz

Copyright 2012 The Denver Post. All rights reserved.

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