Retirement planning now heavily focuses on healthcare costs and long-term care. A study by Jones & Swanson reveals how states compare for older adults' support. Minnesota excels in nursing home affordability and care quality, while Florida attracts retirees with its climate but faces challenges with care costs. Northeastern states like Massachusetts and Rhode Island lead in healthcare quality but are expensive. Rhode Island balances care and charm well, while Southern states struggle with adequate facilities and healthcare access.
Florida ranks high for retiree satisfaction thanks to its climate and amenities, but struggles with nursing home affordability, affecting its overall quality of life for older adults.
Minnesota offers one of the highest healthcare scores nationally, driven by effective long-term care facilities and strong statewide programs supporting aging adults, setting a gold standard.
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