Best and worst retirement states
Got champagne retirement dreams but a Two-Buck Chuck budget?
Depending on where you live and what you value, you may be able to make at least a few, if not all, of your dreams a reality.
WalletHub recently released their annual Best and Worst States to Retire list based on affordability, quality of life, and health care.
What they found is that while stretching your savings for as long as possible matters, it is just as important that where you live is the right fit for you in terms of happiness.
Worried about healthcare and in-home services? You may want to consider Louisiana, Alabama, West Virginia, Mississippi, Arkansas or North Carolina.
For those who plan to work past age 65, Alaska, Vermont, South Dakota, Nebraska and North Dakota have the highest percentage of 65+ workers.
Looking for arts and culture? New York, California, Kansas, Maine and Massachusetts boast the most museums per capita.
Once again Florida, with the highest percentage of residents age 65 and up, continues to top the list.
Think it might be time for a change? Maybe a review of WalletHub’s 5 Best and Worst States to Retire will help you decide which state will best meet your needs. They are listed below.
Best States
Florida
Affordability rank: 1
Quality of life rank: 5
Health care rank: 20
Colorado
Affordability rank: 23
Quality of life rank: 8
Health care rank: 2
South Dakota
Affordability rank: 2
Quality of life rank: 32
Health care rank: 6
Iowa
Affordability rank: 26
Quality of life rank: 11
Health care rank: 9
Virginia
Affordability rank: 18
Quality of life rank: 9
Health care rank: 21
Worst States
Kentucky
Affordability rank: 38
Quality of life rank: 47
Health care rank: 47
New Jersey
Affordability rank: 50
Quality of life rank: 28
Health care rank: 33
Rhode Island
Affordability rank: 48
Quality of life rank: 46
Health care rank: 22
Mississippi
Affordability rank: 10
Quality of life rank: 49
Health care rank: 50
Arkansas
Affordability rank: 20
Quality of life rank: 50
Health care rank: 45
