These Surprising States Rank First and Worst for Retirees

The Best and Worst States for Retirees

According to a recent study, the best and worst states for retirees have been revealed. The study, conducted by MarketWatch, analyzed various factors such as healthcare access, taxes, and affordability to determine the top and bottom states.

The Top States

The top states for retirees are:

• Colorado: With its low taxes and high quality of life, Colorado is the top state for retirees. The state has a low cost of living, excellent healthcare, and plenty of outdoor activities to enjoy.
• Utah: Utah is a close second, with its low taxes and high quality of life. The state has a strong economy, excellent healthcare, and plenty of recreational activities to enjoy.
• Minnesota: Minnesota rounds out the top three, with its low taxes and high quality of life. The state has a strong economy, excellent healthcare, and plenty of outdoor activities to enjoy.

The Worst States

The worst states for retirees are:

• Mississippi: With its high taxes and low quality of life, Mississippi is the worst state for retirees. The state has a high cost of living, limited healthcare options, and few recreational activities to enjoy.
• West Virginia: West Virginia is a close second, with its high taxes and low quality of life. The state has a high cost of living, limited healthcare options, and few recreational activities to enjoy.
• Arkansas: Arkansas rounds out the bottom three, with its high taxes and low quality of life. The state has a high cost of living, limited healthcare options, and few recreational activities to enjoy.

What to Consider

When considering a move to a new state, retirees should consider the following factors:

• Healthcare access: Look for states with excellent healthcare options, including access to quality hospitals and medical facilities.
• Taxes: Consider states with low taxes, as they can help reduce the cost of living.
• Affordability: Look for states with a low cost of living, including affordable housing and living expenses.

Conclusion

The best and worst states for retirees have been revealed, and it's clear that some states are better suited for retirees than others. By considering the factors mentioned above, retirees can make an informed decision about where to live in retirement.

Sources

[1] These surprising states rank first and worst for retirees