Howard Pressman is Featured in Fiscal Times, The Best and Worst States for Retirement

Howard Pressman is Featured in Fiscal Times, The Best and Worst States for Retirement

March 1, 2016, Fiscal Times — “The best state for retirement is not the one that most likely comes to mind — Florida, the Sunshine State,” explains Fiscal Times reporter Janna Herron. “[Rather, it may be] one that is a lot colder and surrounded by land rather than mostly sea.”

She notes that Wyoming ranks as the best place to retire in the U.S., according to new Bankrate study that considered a handful of factors important to retiring seniors. Three of its neighbors — South Dakota, Colorado and Utah — all broke the top 10.

What are the worst places for the retirement in 2016? EBW’s Howard Pressman explains: “Before moving to a new state for your golden years, test it out first by renting for a while rather than purchasing,” he advises. “Create a list of possible locations and spend at least a month in each,” he says. “Once you’ve narrowed it to your favorite, rent for a year. If you’re still happy, then buy.”

Click here to read the entire article.