Florida is tops for retirement, and Kentucky ranks last, according to a new study by WalletHub.
The website compared the 50 states across 47 key metrics in three areas: affordability, quality of life and healthcare.
The resulting top five states:
1. Florida
2. Colorado
3. New Hampshire
4. Utah
5. Wyoming
The bottom five states:
46. West Virginia
47. New Jersey
48. Rhode Island
49. New Mexico
50. Kentucky
Other findings:
- Mississippi (No. 43) has the lowest adjusted cost-of-living index for retirees, 84.51, which is 2.4 times lower than in Hawaii (No. 29), which has the highest adjusted cost-of-living index, at 200.27.
- Maine has the highest share of the population aged 65 or more years, at 20.60%, which is 1.9 times higher than in Utah, where it is lowest, at 11.10%.
Data were collected from the U.S. Census Bureau, Federal Bureau of Investigation, Council for Community and Economic Research, U.S. Bureau of Labor Statistics, Retirement Living Information Center, Genworth Financial, United Health Foundation, Centers for Disease Control and Prevention, Corporation for National and Community Service, Natural Resources Defense Council, Centers for Medicare & Medicaid Services, Charity Navigator, Gallup Healthways, GolfLink, The Tax Foundation, America’s Scenic Byways, Bingo Halls U.S.A., NOAA Office for Coastal Management, U.S. News & World Report, Institute for Health Metrics & Evaluation and WalletHub research.
See the complete report here.
