Editorial: Retirees wrung dry in Rhode Island

Posted 3/1/19

Add the organization Wallet Hub to those who believe Rhode Island is one bad place to retire. The organization ranks the Ocean State next to last (Kentucky barely grabs that honor).

Rhode …

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Editorial: Retirees wrung dry in Rhode Island

Posted

Add the organization Wallet Hub to those who believe Rhode Island is one bad place to retire. The organization ranks the Ocean State next to last (Kentucky barely grabs that honor).

Rhode Island’s biggest problem, say this study and others, is its “affordability rank,” specifically its taxes on retirement income, Social Security earnings and everything else.

Lawmakers take note — you are driving retirees and their spending to friendlier places.

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A lifelong Portsmouth resident, Jim graduated from Portsmouth High School in 1982 and earned a journalism degree from the University of Rhode Island in 1986. He's worked two different stints at East Bay Newspapers, for a total of 18 years with the company so far. When not running all over town bringing you the news from Portsmouth, Jim listens to lots and lots and lots of music, watches obscure silent films from the '20s and usually has three books going at once. He also loves to cook crazy New Orleans dishes for his wife of 25 years, Michelle, and their two sons, Jake and Max.