With almost 25 percent of all nonretired adults having no retirement savings or pension, the personal-finance website WalletHub has released its report on 2019’s Best States to Retire as well as accompanying videos.
To help retirees find a safe, enjoyable and wallet-friendly place to call home, WalletHub compared the 50 states across 46 key metrics. The data set ranges from adjusted cost of living to weather to quality of public hospitals.
Best vs. Worst
Arkansas has the lowest adjusted cost-of-living index for retirees, 85.95, which is 2.2 times lower than in Hawaii, where it is highest at 188.34.
Louisiana has the lowest median annual cost of elderly housekeeping, $36,608, which is 1.8 times lower than in Washington, where it is highest at $64,064.
Alaska has the highest share of the population aged 65 and older still working, 23.37 percent, which is 1.8 times higher than in West Virginia, where it is lowest at 12.83 percent.
Florida has the highest share of the population aged 65 and older, 19.40 percent, which is 1.9 times higher than in Alaska, where it is lowest at 10.10 percent.
To view the full report and your state’s rank, please visit:
Best States to Retire:
2.) South Dakota
4.) New Hampshire