9 Worst U.S. States to Retire
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3. California
Always wanted to live in California? Dream on. In this state, even retirement income is fully taxed, and you will pay the highest rate across America. Not to mention that sales tax can reach from 7.5% to 10% depending on which city you are in.
Living costs are also through the roof here – the 3rd highest in the U.S. In fact, the median home value is $368,600, which is 3 times the national average. And, if you don’t own your home you can expect to pay steep rental fees which are sure to decrease your precious nest egg in no time.
