According to a recent ranking that examined climate, crime, life expectancy taxes and the cost of living, Maryland is the fifth-worst state in which to retire. However, some argue that there is more to retirement than the raw numbers suggest. Close proximity to friends, family, community, health care and amenities can also be important factors. “People in the beginning of retirement are concerned about taxes,” said Bill Thomas, professor of the practice, Erickson School of Aging Studies. “I can put you on a desert island with no taxes at all, and you will not be happy,” Thomas says. “Would you leave your family to save 10 percent on taxes?”
The article, “Study Rates Maryland One of the Worst Places to Retire,” appeared September 26 in the Baltimore Sun.