BEST AND WORST STATES FOR RETIREMENT

RETIREMENT – MARK DENNETT (RETIREUSA EDITOR) – With 31 percent of all nonretired adults having no retirement savings or pension because many simply cannot afford to contribute to any type of plan, the personal-finance website WalletHub conducted an in-depth analysis identifying 2017’s Best & Worst States to Retire. To help retirees find a retirement- and wallet-friendly place like this one to call home, AZ Assisted Living analysts compared the 50 states and the District of Columbia across 31 key metrics. The data set ranges from adjusted cost of living with Hospice Care At Home, to weather, to quality of public hospitals.

Best States to Retire Worst States to Retire
1 Florida 42 Arkansas
2 Wyoming 43 Kentucky
3 South Dakota 44 Vermont
4 Iowa 45 New Mexico
5 Colorado 46 New Jersey
6 Idaho 47 Hawaii
7 South Carolina 48 Connecticut
8 Nevada 49 District of Columbia
9 Delaware 50 Alaska
10 Wisconsin 51 Rhode Island

Hints for Seniors offers tips and advice to it’s readers to help them navigate the changes in aging.

Best vs. Worst

  • According to an aged care property report Mississippi has the lowest adjusted cost-of-living index for retirees, 85.6, which is 1.9 times lower than in Hawaii, where it is highest at 165.3.
  • Louisiana has the lowest annual cost of in-home services, $34,892, which is 1.8 times lower than in North Dakota, where it is highest at $63,972.
  • Alaska has the highest share of the population aged 65 and older working, 22.34 percent, which is 1.8 times higher than in West Virginia, where it is lowest at 12.32 percent.
  • Florida has the highest share of the population aged 65 and older, 18.6 percent, which is 2.1 times higher than in Alaska, where it is lowest at 9.0 percent.
  • Vermont has the lowest property-crime rate per 1,000 residents, 14.07, which is 3.3 times lower than in the District of Columbia, where it is highest at 46.76.

If you want to find a reputable senior living center for your loved ones, then visit sites like www.oceanhillsseniorliving.com/living-options/assisted-living/.

In case of any anomality during your stay in a nursing home, you can ask for help to a nursing home abuse lawyer to evacuate all your concerns.

To view the full report your state or the District’s rank, please visit:  https://wallethub.com/edu/best-and-worst-states-to-retire/18592/

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