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New Jersey Cost Of Living

Wednesday, February 8, 2012

Poll: Are the Golden Years Tarnished for NJ Retirees?

TopRetirement.com doesn't think highly of New Jersey as a place for retirees. Do you agree?

New Jersey might be the best state to raise your kids, but you better skedaddle before your golden years. The state is the sixth worst place to retire, according to rankings from TopRetirements.com. Unsurprisingly for most homeowners, New Jersey’s high property taxes hit the state’s retirement rankings. New Jersey has the highest tax burden in the nation and a high cost of living, says John Brady, Top Retirements president. Top Retirements used a combination of fiscal health, taxes, cost of living and climate to come up with the worst states to retire list. But what if you care about, for example, cost of living but not climate? The company has lists that allow you to ignore one factor and see a reshuffled list of the worst states to …

Peeches

6:06 pm on Friday, February 10, 2012

Hey El, I purchased a property at the shore at the peak of the market. A year later it took a dive. I don't like it and want out. Lonely in the winter. In order to get rid of it I would have to give it away. So there goes my retirement money. Have to keep working because all the interest rates are in the dump. YIKES   more ›

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