Looking to retire soon? It’s important to know what each state has to offer to ensure you will have the most comfortable retirement.
That’s why Bankrate released a guide comparing all 50 states across affordability, safety, healthcare and taxes to rank the best and worst states for retirement. You can read more about the methodology used here.
“Retirees and pre-retirees should take notice of these rankings because we looked beyond the typical categories to look closely at important lifestyle and risk factors for residents of various states,” said Stephen Kates, Bankrate’s financial analyst in the report.
“There is more to being a resident than just the number of sunny days and taxes. Categories like public safety, walkability, access to health care, air quality, recreational opportunities, and more add up to the daily quality of life retirees want.”
Which state is the best?
New Hampshire outshines the rest at the top of the list. This New England state excels in neighborhood safety (1st), quality health care (5th), low local taxes (6th), and a populous senior community (7th), but scored poorly for weather (40th).
Which state is the worst?
Louisiana ranks the lowest overall. The state scored poorly across all categories, including affordability (43rd), neighborhood safety (48th), and quality health care (37th). Notably, Louisiana has high crime rates and ranked 39th in weather.
Check out this map of the best and worst states to retire to:
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