A new study finds that 47% of the American population would consider moving when they retire, and it has identified the best states to retire to based on key factors like cost of living, healthcare and weather.
The study by Bankrate.com has thrown up a few surprises, because while we tend to assume that locations in the sun by the beach are the ideal retirement destinations, the survey suggests otherwise. Its top three places include New Hampshire, Colorado and Maine, which probably won’t be the best place to work on your tan, but it says that these places will provide many of the necessities for a comfortable and sustainable retirement
“Our latest ranking of the best and worst states to retire finds the fun-in-the-sun places often associated with retirement may have drawbacks as we face aging issues and our savings dwindle,” it says. “Retiree meccas like Florida and Arizona don’t come close to cracking our top 10.”
The rankings were based on key factors like cost of living, weather, quality of health care, crime rate, cultural vitality, tax rate, overall well-being of seniors in that state, and the number of seniors that make up the total population.
To see the full list and get planning for your silver years, check out the report here.
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