Question: Based upon such indicators as housing affordability, health-care related factors, number of nursing-care facilities, its overall “quality of life” and what the research firm, WalletHub.com, calls “retirement-friendless,” Illinois is actually one of the better states in America in which to retire. But it is brought down significantly in a final ranking by what one factor? (1) taxes; (2) taxes; (3) taxes.
Answer: Yes, it is taxes. For all those other factors, WalletHub says Illinois is one of the top 25 states to retire. But it is brought down overall to No. 31 by the fact that in 2018 it has the “worst taxpayer-rating” in all the U.S.