Cheapest states for retirees

POSTED: 01:17 PM PDT Oct 17, 2013    UPDATED: 11:00 PM PDT Oct 23, 2013 
Elderly couple rollerblading, getting exercise

There are many factors that go into planning for retirement and many people approaching their golden years look to their bank accounts to determine a final place of residence. Take a look at a list of the cheapest states for retirees, according to Kiplinger.