Missouri ranks high for retirement

Missouri is being recognized for being one of the best U.S. states for retirement.

Forbes magazine rates the Show Me State third, behind No. 1 New Hampshire and No. 2 Montana, as "states people are moving to for retirement."

Missouri was ranked favorably because of its comparatively low cost of living.

Additionally, the state — with major industries including aerospace, food processing, chemicals, printing/publishing, electrical equipment and beer — boasts a AAA rating on its general obligation debt from Moody's Investor Service.

WWW.Bankrate.com lists Missouri fourth in its list of best retirement states — behind Georgia, Florida and Tennessee, praising the state's affordability and moderate climate.

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