WalletHub Study: 2023’s Best States to Retire

With 25% of all nonretired adults having no retirement savings, the personal-finance website WalletHub today released its report on 2023’s Best States to Retire, as well as expert commentary.

To help retirees find a safe, enjoyable and wallet-friendly place to call home, WalletHub compared the 50 states across 47 key metrics. Our analysis examines affordability, health-related factors and overall quality of life.

Retiring in California (1=Best; 25=Avg.):

• 48^th – Adjusted Cost of Living
• 47^th – Annual Cost of In-Home Services
• 11^th – WalletHub ‘Taxpayer’ Ranking
• 40^th – Elderly-Friendly Labor Market
• 45^th – % of Population Aged 65 & Older
• 33^rd – Property-Crime Rate
• 2^nd – Life Expectancy
• 38^th – Health-Care Facilities per Capita
• 13^th – Percentage of Residents 12+ Who Are Fully Vaccinated Against COVID-19

For the full report, please visit: https://wallethub.com/edu/best-and-worst-states-to-retire/18592.