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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.):

  • 48th – Adjusted Cost of Living
  • 47th – Annual Cost of In-Home Services
  • 11th – WalletHub ‘Taxpayer’ Ranking
  • 40th – Elderly-Friendly Labor Market
  • 45th – % of Population Aged 65 & Older
  • 33rd – Property-Crime Rate
  • 2nd – Life Expectancy
  • 38th – Health-Care Facilities per Capita
  • 13th – 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.

This article was released by WalletHub.

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