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Old 12-16-2017, 08:17 AM
 
Location: Minnysoda
10,659 posts, read 10,740,285 times
Reputation: 6745

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Not very good QOL if you want to retire..

15. Minnesota
image: https://www.kiplinger.com/slideshow/.../minnesota.jpg


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Population: 5.4 million

Share of population 65+: 13.6% (U.S.: 14.5%)

Cost of living: 2% above the U.S. average

Average income for 65+ households: $43,623 (U.S.: $50,291)

Average health care costs for a retired couple: About average at $387,007 (U.S.: $387,731)

Minnesota's tax rating for retirees: Least Tax Friendly

The Land of 10,000 Lakes is a hard place for retirees to stay afloat. Above-average living expenses and below-average incomes can equate to imbalanced budgets in retirement. Plus, the tax situation adds an extra burden. One of the 10 Worst States for Taxes on Retirees, Minnesota taxes Social Security benefits the same as the feds. Most other retirement income, including military, government and private pensions, is also taxable. And the state's sales and income taxes are high.

On the other hand, Minnesota is a great place for health-focused retirees. The state is the third-healthiest in the country for seniors, according to the United Health Foundation rankings, which are based on people's behaviors, such as physical activity, as well as community support and clinical care provided. In fact, Rochester, home of the renowned Mayo Clinic, ranks seventh among the best small metro areas for successful aging, according to the Milken Institute, in part due to its abundance of health care providers.


Read more at https://www.kiplinger.com/slideshow/...6vp4yUsXPx5.99
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Old 02-02-2018, 10:05 AM
 
Location: Nowhere
10,098 posts, read 4,100,810 times
Reputation: 7088
It's a pity regressives are running this state into the ground. And the repressive/oppressive federal government keeps shipping "refugees" here that we had no say in.

Didn't "we the people" (the STATES) create the federal government, after all? Since when the #&%@ did they get to toss tens of thousands of people who have nothing but the clothes on their backs here??
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Old 02-04-2018, 10:45 PM
 
Location: Dessert
10,916 posts, read 7,427,734 times
Reputation: 28131
"we the people" are all immigrants, or descendants of them. Unless you happen to be Native American.
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Old 02-04-2018, 11:35 PM
 
Location: Nowhere
10,098 posts, read 4,100,810 times
Reputation: 7088
Ok. So why have a country at all then? Your premise is none of us whatever should have the right to say who comes into the country (state). Why have said country then? If the entire planet has as much right to be here as us....?
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Old 02-05-2018, 06:04 AM
 
Location: Minnysoda
10,659 posts, read 10,740,285 times
Reputation: 6745
Quote:
Originally Posted by steiconi View Post
"we the people" are all immigrants, or descendants of them. Unless you happen to be Native American.

Don't brings bow and arrows to a gunfight....
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Old 02-05-2018, 08:18 AM
 
5,342 posts, read 14,152,595 times
Reputation: 4700
Quote:
Originally Posted by my54ford View Post
Not very good QOL if you want to retire..

15. Minnesota
image: https://www.kiplinger.com/slideshow/.../minnesota.jpg


Thinkstock

Population: 5.4 million

Share of population 65+: 13.6% (U.S.: 14.5%)

Cost of living: 2% above the U.S. average

Average income for 65+ households: $43,623 (U.S.: $50,291)

Average health care costs for a retired couple: About average at $387,007 (U.S.: $387,731)

Minnesota's tax rating for retirees: Least Tax Friendly

The Land of 10,000 Lakes is a hard place for retirees to stay afloat. Above-average living expenses and below-average incomes can equate to imbalanced budgets in retirement. Plus, the tax situation adds an extra burden. One of the 10 Worst States for Taxes on Retirees, Minnesota taxes Social Security benefits the same as the feds. Most other retirement income, including military, government and private pensions, is also taxable. And the state's sales and income taxes are high.

On the other hand, Minnesota is a great place for health-focused retirees. The state is the third-healthiest in the country for seniors, according to the United Health Foundation rankings, which are based on people's behaviors, such as physical activity, as well as community support and clinical care provided. In fact, Rochester, home of the renowned Mayo Clinic, ranks seventh among the best small metro areas for successful aging, according to the Milken Institute, in part due to its abundance of health care providers.


Read more at https://www.kiplinger.com/slideshow/...6vp4yUsXPx5.99
one thing you don't list here is how much the average Minnesotan has saved up for retirement which i would venture to guess is way higher than the average american.
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Old 02-05-2018, 08:27 AM
 
Location: Bel Air, California
23,766 posts, read 29,102,589 times
Reputation: 37337
our quality of life would improve if they would ditch that "what-were-they-thinking" state seal. Granted, not by very much but hey, low hanging fruit.
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Old 02-05-2018, 09:12 AM
 
Location: Minnysoda
10,659 posts, read 10,740,285 times
Reputation: 6745
Quote:
Originally Posted by TimtheGuy View Post
one thing you don't list here is how much the average Minnesotan has saved up for retirement which i would venture to guess is way higher than the average american.
I don't think so...
https://www.minnpost.com/politics-po...-short-what-do

40 percent of Minnesota private-sector workers are employed at a place where there is no access to a retirement plan of any kind. Already 8.6 percent of Minnesota seniors live at the poverty level and 30 percent are at or below 200 per cent of poverty.
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Old 02-06-2018, 08:39 PM
 
8,011 posts, read 8,219,984 times
Reputation: 12164
Quote:
Originally Posted by Kavalier View Post
It's a pity regressives are running this state into the ground. And the repressive/oppressive federal government keeps shipping "refugees" here that we had no say in.

Didn't "we the people" (the STATES) create the federal government, after all? Since when the #&%@ did they get to toss tens of thousands of people who have nothing but the clothes on their backs here??
And what state would you like Minnesota to be more like? Kansas? Oklahoma? Yeah those states are booming.
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Old 02-06-2018, 09:13 PM
 
Location: Nowhere
10,098 posts, read 4,100,810 times
Reputation: 7088
Quote:
Originally Posted by Ro2113 View Post
And what state would you like Minnesota to be more like? Kansas? Oklahoma? Yeah those states are booming.
Because of all the refugees we bring in (with nothing g but the clothes on their backs)?? You learn something new on the Internet every day.
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