The best states to retire are not at the southern or western-most points in the country, but in the Midwest and the mountains, according to Bankrate's latest ranking.

South Dakota topped the list of best states to retire, thanks to its low taxes, lack of crime and easy access to quality healthcare.

That's right, South Dakota, the home of Mount Rushmore tops the list as the best state in the nation for retirees, said Chris Kahn, research and statistics editor at Bankrate.

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