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The golden years can offer great promise — moments with grandchildren, time for travel and leisure. But they can also be a source of great stress — over money, declining health, and decisions about relocation.
Where you retire can make all the difference. A recent study by the financial website WalletHub.com offers some guidance, ranking each of the 50 states in terms of their suitability for retirement. A total of 45 metrics across three categories (affordability, quality of life, and health care) were weighed to rate every state.
Among the measures of affordability were the cost of living, annual costs of adult day care and in-home services, taxes, and inheritance laws.
Each state’s health care rating was affected by the quality and availability of geriatric care, the life expectancy and health of seniors, and even Covid-19 positivity and death rates — good to know for this pandemic or the next — among other factors.
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