Baby Boomer Retirement: The Bankrate List of Worst States for Retirement: Often there is an article on my other blog, Baby-Boomer-Retirement, that also fits well with this blog on Lies and Liars. We have all heard the old sayings about how statistics can lie. This week's blog post about retirement may be one of those times.
Recently I ran across an interesting news story from Bankrate, Inc., entitled "10 Worst States to Live in During Retirement." Their list included many states that had been listed by other retirement advisors as some of the best places to retire. How could this be? What could cause such as sharp difference in opinion? In particular I was concerned about the fact that the Bankrate list included virtually every state in a broad swath across the south, from New Mexico to Georgia. Could all these places really be terrible places to retire?
I was skeptical, as I want everyone who reads this blog on Lies and Liars to be. We cannot take statistics at their face value, and we cannot simply say that 1/5 of the United States is a terrible place to retire. I looked for the deeper meaning in those statistics.
Rather than simply repeat the entire Baby-Boomer-Retirement post here, I will just include a link so you can easily switch over by going to: Baby Boomer Retirement: The Bankrate List of Worst States for Retirement.
Read the article for yourself, and see if you agree with Bankrate, or if you think they used their statistics a little too hastily.
You are reading from the blog: http://lies-and-liars.blogspot.com/
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