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Study ranks Kentucky among best places to retire

HAZARD, Ky. (WYMT) - The financial publication bankrate.com rates Kentucky as the number four state you can retire in.

The online publication measured the crime rate, cost of living, weather, access to medical care, and tax rates to determine the ratings. Some Kentucky retirees say this is an accurate rating for other reasons, too.

"I love the people here. We're close-knit like a family most of the time. If something happens, everybody joins in and helps," said Bonita Logan, who has been retired for 13 years.

"I go to a lot of places but I always want to come home. My home will be in Kentucky in Hazard," said Peggy Collet, who has been retired for four months.

Officials say the main crimes committed against retirees in Kentucky are non-violent.

"Senior citizens, where we see a lot of our crimes that target those are these scams that are going on. Mail fraud, telephone calls saying you've won $1,000 or you've won $500,000," said Tony Watts with the Kentucky State Police.

Janice Brafford-King, the Hazard Market President of Community Trust Bank, says that the cost of housing in Kentucky is lower than two thirds of the united states. she also says that the cost of utilities is among the lowest.

"My water bill is not really that high and electric is reasonable. I think it's a really good cost of living here," Collett said.

Other retirees say they just love living in the mountains.

The study suggests Tennessee as the number one state to retire in. It also ranks Oregon as the worst.

Attached is a link to the study.
http://www.bankrate.com/finance/retirement/best-places-retire-how-state-ranks.aspx?ic_id=most_shared_default


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