Retirement places are something many retirees do a lot of research on. In order to make things easier and to save some time, here is the best place to live as a retiree. Virginia seems to be the best place for retirement in the USA in 2023. According to recent research from Wallethub, it is the best place so far. However, Florida is coming on the heels of Virginia.
The total score this best retirement state has achieved is 57.55. The second best, Florida, has reached 57.43 while Colorado, in third place got 57.41. They have taken three very important factors into account. Its affordability, the health care system as well as the quality of life retirees may have there. The affordability is an essential one since many workers who are about to retire have not saved enough.
How many states have they compared to find the best retirement places?
Wallethub compared 50 states, so it is not just a few of them. Despite the fact that the main things most would check are healthcare, affordability, and life quality, they have looked into 47 key indicators. These indicators are obviously related to retirement and how friendly they are with seniors. As for the cost of living adjustment, they have also provided some information.
The best state with an adjusted cost of living is Alabama, while the worst one is Hawaii. As for the money you may have to spend on in-home services every year, West Virginia has the lowest cost. On the contrary, Minnesota has the highest cost. Despite the fact that Hawaii is in the middle of the list as the best retirement place, it has the highest life expectancy.
What if you are into museums and theatres?
As you may have already guessed New York has the most museums and theatres. In second place we find California for both as well. Others may be interested in the number of people that are at their age. Maine, Florida, and West Virginia are the three states with the highest 65-year-old population or older. On the other hand, Utah, Alaska, and Texas have the lowest population of 65 or older.
Some may be wondering about the safest places and the ones with the highest crime rates. The lowest Property-crime rate is in Massachusetts and New Hampshire. While the highest is in Louisiana and then in New Mexico. Whatever your retirement choice is, make the most f your retirement.