The 12 Worst States for Retirement

The 12 Worst States for Retirement

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New Jersey

Retirement security score: 3 out of 10
Nearly half (48.1 percent) of Garden State residents age 55 and older spend more than 30 percent of their income on housing costs, the highest rate of any state. On top of that, New Jersey is among the worst states for taxes, thanks to its high income tax, sales tax, and property tax rate.

MTV