Best and Worst Retirement States
For those of you following my posts, you know I often write about retirement issues. (See my website archived articles under Retirement Planning and Retirement Savings)
So when Wallet Hub published their “best and worst” list, I sat up and took notice.
The article: 2017’s Best and Worst States to Retire by Richie Bernardo-Senior Writer (Jan. 23, 2017) not only lists the states, but also explains the methodology used to rank the states.
For example the states were ranked by Affordability, Quality of Life and Healthcare. Within Quality of Life were parameters like weather and air quality, under Healthcare were other parameters like – number of General Practitioners (M.D.) per capita.
Thus Wallet Hub derived a list of retirement- friendly (and not-so-friendly)states. Among the top ten “friendlies” I was glad to see Colorado ranked number 5!
Here is a partial listing: top of the list for best states to retire is Florida- ranked #1, followed by Wyoming #2, South Dakota came in #3, Iowa was #4 and Colorado #5.
According to Wallet Hub research – At the bottom of the list – states that ranked the lowest: Rhode Island ranked #51; Alaska was #50; District of Columbia #49; followed by Connecticut #48 and Hawaii ranked a surprising #47.
For the entire listing – go to the Wallet Hub website. You will also find interesting data on states with the best life expectancy and lowest property crime rates.
You might not be prepared to make the decision about when to retire, but when you do – you may want to consider where you will be spending your golden years.
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