Are you planning for retirement? Many factors go into retirement planning, but one of the main questions you have to answer is, “Where will you live?” Since important things like living near family and home ownership weigh heavily in the decision, you may be set on your retirement location. But, it also may be interesting to know how our great State of Tennessee rates against other states as a place to retire.
A 2011 study by MoneyRates.com ranked the top 10 states for retirement, and Tennessee came in as No. 9. In the study, economics determined 47 percent of a state’s final score, climate was 33 percent, life expectancy was 12 percent and crime accounted for 8 percent.
Tennessee was noted as a great place to retire due to economic factors and climate. It had the eighth-best score for economic factors, due to having the nation’s lowest cost of living. The pleasant Tennessee climate earned it an above-average regional climate score.
If you are shopping for a retirement home in the Knoxville Tennessee area, please contact the real estate professionals at Coldwell Banker Wallace & Wallace Realtors for an appointment to see available properties by calling 800.694.7356.
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