Best States to Retire |
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Worst States to Retire |
1. Florida |
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41. Louisiana |
2. Colorado |
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42. New York |
3. New Hampshire |
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43. Mississippi |
4. Utah |
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44. Arkansas |
5. Wyoming |
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45. Tennessee |
6. Delaware |
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46. West Virginia |
7. Virginia |
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47. New Jersey |
8. Wisconsin |
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48. Rhode Island |
9. Idaho |
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49. New Mexico |
10. Iowa |
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50. Kentucky |
Best vs. Worst
- Mississippi has the lowest adjusted cost-of-living index for retirees, 84.51, which is 2.4 times lower than in Hawaii, where it is highest at 200.27.
- Louisiana has the lowest median annual cost of elderly housekeeping, $38,621, which is 1.8 times lower than in Washington, where it is highest at $68,640.
- Vermont has the highest share of the population aged 65 and older still working, 24.39 percent, which is 1.8 times higher than in West Virginia, where it is lowest at 13.84 percent.
- Maine has the highest share of the population aged 65 and older, 20.60 percent, which is 1.9 times higher than in Utah, where it is lowest at 11.10 percent.
To view the full report and your state’s rank, please visit: https://wallethub.com/edu/best-and-worst-states-to-retire/18592/
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