The Best and Worst States For Retirement

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(FinancialHealth.net)- Whether retirement is far away or close at hand, you may have thought about where you’d like to live when you retire and the type of life you’d like to enjoy in those golden years. You might be debating the benefits of beach or mountain dwelling, contrasting the pros and cons of the city versus a rural area, or even evaluating if you want to move at all. These are important questions, and it’s equally important to consider each state and what it has to offer.

A recent study looked at healthcare, quality of life, and affordability for retired individuals by state. These rankings may surprise you! Here’s how the states measured up.

Worst For Healthcare

  1. West Virginia
  2. Mississippi
  3. Alabama
  4. Tennessee
  5. Kentucky

Best For Healthcare

  1. Hawaii
  2. Minnesota
  3. Vermont
  4. Alaska
  5. Colorado

Worst For Quality of Life

  1. Mississippi
  2. Tennessee
  3. Arkansas
  4. New Mexico
  5. Louisiana

Best For Quality of Life

  1. New Hampshire
  2. Massachusetts
  3. Minnesota
  4. Utah
  5. Vermont

Worst For Affordability

  1. New Jersey
  2. New York
  3. Vermont
  4. Connecticut
  5. Maine

Best For Affordability

  1. Alabama
  2. Tennessee
  3. South Carolina
  4. Florida
  5. Delaware

How did your state measure up? If it didn’t make the list, it may have fallen somewhere in the middle. Find out how it performed or check for the states that most interest you by checking out the full ranking and ratings on WalletHub.

Where you retire and how you spend the golden years of your life can be cause for concern. Plan ahead to ease the anxiety about this part of your life. With a little research, you’ll be prepared and ready to live out your retirement dream.

~Here’s to your Financial Health!

Copyright 2021, FinancialHealth.net

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