🎰 12 Worst States for Retirement: | ThinkAdvisor

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A report from Blacktower Financial Management has revealed the best and worst U.S. states for retirees in (and how these have changed.


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Best Places to Retire - Worst States to Retire

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A report from Blacktower Financial Management has revealed the best and worst U.S. states for retirees in (and how these have changed.


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Even in the most affordable areas of the U.S., most retirees cannot rely on Social Security or pension checks alone to cover expenses.


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Top 10 worst states to live in the USA in 2020

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A report from Blacktower Financial Management has revealed the best and worst U.S. states for retirees in (and how these have changed.


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10 Worst States in the United States for 2020. (a couple may surprise you)

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Jan 13, Retirement might To determine the best states to retire, WalletHub compared the 50 states across 47 key indicators of Note: This metric is based on WalletHub's Cities with the Best & Worst Weather ranking.


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If you're looking for the best place to retire, you have many geographical options, according to a new ranking from Blacktower Financial.


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10 Worst States To Retire In January 20, • Joyce Blay. Some seniors make a big mistake by retiring to a state beyond their means, according to.


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Even in the most affordable areas of the U.S., most retirees cannot rely on Social Security or pension checks alone to cover expenses.


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10 Worst States To Retire In January 20, • Joyce Blay. Some seniors make a big mistake by retiring to a state beyond their means, according to.


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These states ranked lowest for retirement on quality of life affordability and health care.


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Top 10 BEST STATES to Live in America for 2020

Minnesota missed the top ten despite having number one rankings in both quality of life and healthcare, due to a dismal affordability ranking 46th , coming in sixteenth place overall. Of course, each state has areas that don't fit the rest of the state profile.

Most seniors have more free time for leisure activities including travel, but money is tighter when the paychecks stop at retirement. In terms of affordability, Florida came second, dropping from last year's first place and replaced by Alabama as the most affordable state.

Let's start with the top five. Was your state not mentioned? Ad Choices.

Do you plan to " retire in place " and stay in your current area, or are you interested in retiring in a different state? Community Rules apply to all content you upload or otherwise submit to this site. You may be surprised at some of the states in both the best and worst categories. In either case, you may want to consult an annual study by WalletHub if retirement is imminent. For example, Louisiana fares poorly in the state rankings, but New Orleans ranks high in the city rankings probably because, as you might expect, New Orleans ranks high for activities. Florida also placed fifth in terms of quality of life, overcoming its 26th-ranked healthcare rating. The study ranked all 50 states using 41 statistical metrics that were weighted and grouped into three major categories important to retirees: affordability, quality of life, and healthcare. In descending order, they are:. While the study is a useful baseline, it doesn't mean everyone should converge on Florida or flee Kentucky in his or her retirement years. It also placed seventeenth for healthcare, and eighteenth for quality of life. All rights reserved About Us. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. Its quality of life and healthcare are also above average twelfth and 33rd, respectively. What about the five states with the worst rankings? The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. The next five desirable retirement states are, in order, Delaware, Virginia losing its fifth-place ranking from , Wisconsin, Idaho, and Iowa. Remember that your credit score also influences how attractive a place may be to live. Find an area that makes you happy and gives you a fulfilling and healthy lifestyle — just know where the strong and weak points are in your chosen retirement state.