""Retirement is supposed to be relaxing, but it can also be incredibly stressful given that it typically puts people on a fixed income, which may not be enough for them to live comfortably," WalletHub analyst Chip Lupo said in the study. "As a result, the best states for retirees are those that have low taxes and a low cost of living to help retirees' budgets stretch as far as possible.""
"The three factors were assessed using 46 different metrics. To determine a state's affordability, metrics such as adjusted cost of living and retired taxpayer-friendliness were considered. Quality of life included metrics such as the risk of social isolation, the mildness of the weather, and even the number of bingo halls per capita, while the healthcare category considered metrics such as nurses, dentists, and health aides per capita, life expectancy, and more."
A national ranking compared all 50 states across affordability, quality of life, and healthcare to assess retirement suitability. Assessments used 46 metrics, including adjusted cost of living and retired taxpayer-friendliness for affordability; risk of social isolation, mildness of the weather, and number of bingo halls per capita for quality of life; and nurses, dentists, health aides per capita and life expectancy for healthcare. Low taxes and a low cost of living improve retiree budgets on fixed incomes. Wyoming and Florida occupy the top positions for retiree-friendliness in 2026, while Kentucky ranks last. Data sources included the U.S. Census Bureau, FBI, Bureau of Labor Statistics, and CDC.
Read at Business Insider
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