The Best Retirement Places - Albuquerque
March 27, 2011
by William P. Barrett
Lists of best places to retire are a popular mainstay of personal finance journalism. Here at Forbes we've published our share, producing rosters focusing on favored locations for retirees seeking an active lifestyle, a foreign residence and even, in the U.S., an urban neighborhood.
More from Forbes.com:
• The Best Retirement Places
• The Best Cities for an Active Retirement
• 10 Steps to Get All the Pension You Earned
As part of the new Forbes 2011 Retirement Guide, our latest offering -- The Best Retirement Places -- considers a wide range of factors but focuses especially on two bottom-line issues: tax burden and cost of living. That's why you won't see any locations in the highest-tax, highest-cost states like California, New Jersey, New York and Connecticut.
Eleven states give special tax breaks to retirees, and we weigh that in our evaluations. This helps to earn spots for Lexington, Pittsburgh and Charleston, S.C. As we see it, the states with the best tax climates for retirees are Alabama, Alaska, Arizona, Georgia, Idaho, Kentucky, Louisiana, Mississippi, Montana, New Hampshire, New Mexico, Nevada, Oklahoma, South Carolina, South Dakota, Utah and West Virginia.
The Best Retirement Places
Albuquerque. N.M.
Fast Fact: Home of world's largest hot-air balloon event
Pros: Terrific weather, low taxes, lot of doctors, modest cost of living.
