Are you dreaming of the day when you can say good-bye to the office for good and head to a beach where you can spend your days enjoying retirement? While you may have a specific place in mind for the latter part of your life, not every state is all that great for it, and a new report reveals which ones are the best and the worst.
WalletHub looked at all 50 states to determine which are the best and worst to retire in, judging them on 46 key indicators including things like affordability, health-related factors and overall quality of life.
Now we all may joke about Florida being filled with old people, but it seems there’s a good reason for that. Florida once again tops the list as the best state to retire in, scoring a 65.60 out of 100 and landing on top for affordability, and pretty high for overall quality of life as well.
Ten Best States For Retirement
- Florida
- South Dakota
- Colorado
- New Hampshire
- Virginia
- Utah
- Iowa
- Wyoming
- Pennsylvania
- Minnesota
- On the flipside, retirees are going to want to stay clear of Kentucky, which scores only a 43.85, and is near the bottom for quality of life and healthcare. As for the overall least affordable state to retire in, that would be Vermont, with Hawaii, although beautiful, coming in just behind them.
Ten Worst States For Retirement
- Kentucky
- Rhode Island
- West Virginia
- Vermont
- New Jersey
- New Mexico
- Arkansas
- Mississippi
- Louisiana
- Maryland
Click here to see where your state falls on the list.
Source: WalletHub