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Best States to Retire
Which states are the best for retirement?
You already know the best and worst retiree-friendly cities, and the best and worst cities to move to when planning an early retirement, but what about the best states for retirement?
To identify the most retirement-friendly states, Wallethub — a website that offers free credit scores and reports — compared each of the 50 states across three key dimensions: affordability, quality of life and health care.
Everything from tax-friendliness on pensions to the share of the population 65 years of age and older to the number of top-rated geriatrics hospitals was considered when creating the rankings.
If you’re looking to retire from veterinary medicine in the next several years, you might want to consider doing it in one of these 10 states. For the complete list visit the Wallethub website.
- Major cities enjoy over 250 days of sun each year.
- Phoenix Metropolitan area has 56 adult communities to choose from.
- Home to a number of stunning natural features, including the Grand Canyon and Monument Valley.
- Like Arizona, Utah is home to many majestic canyons and valleys.
- St. George, located in southern Utah, is one of the fastest growing communities in the country.
- Provo was ranked by the Milken Institute as the best city for successful aging.
- Offers retirees safety and affordability.
- Ranked fourth best for health care.
- Lowest property-crime rate.
- Imposes no tax on sales, income or Social Security.
- Ranked fourth best for affordability.
- Ranked fourth best Wallethub “taxpayer” ranking.
- Williamsburg topped U.S. News & World Report’s list of historic places to retire.
- Home to more than 230 wine vineyards.
- Has a number of popular, historic attractions, including the Herbert Hoover Presidential Library and Museum and the “Field of Dreams” movie site.
- One of the country’s least expensive states to live in.
- Ranked second best for affordability.
- Ranked third highest percentage of workforce 65 years of age and older.
- No state income tax.
- Ranked second best for health care.
- Taxpayers over 65 years of age have a $24,000 exemption for pension and social security benefits.
- Denver is one of the country’s most active cities.
- Ranked the best for affordability.
- Ranked fifth best for quality of life.
- Highest percentage of population 65 years of age and older.