When it’s time to retire you want a place where the weather is nice, the cost of living is low and the quality of life is high. And the best state to retire in is Florida, according to a recent analysis by WalletHub.
The WalletHub analysis looked at 46 retirement-related factors such as cost of living, weather, healthcare and quality of life and the Sunshine state earned the highest score of 65.6 out of a possible 100, Moneytalks News reported. According to the analysis Florida was one of the more affordable states to live in, a key factor when considering retirement options, and this is not the first time that Florida has been named one of the top states to retire in.
US News & World Report recently released a separate report on the best places to retire in the U.S. for 2019 were and several cities in Florida made the pick.
These results reaffirm what many have long since been saying- that Florida is the ultimate retirement state. HuffPost contributor Moira McGarvey Black noted in 2014 that, according to data gathered on sister website GangsAway!, Florida was the most searched for state for retirement options, and not much has changed since.
"While people retiring today may look beyond the Sunshine State, it’s still a huge draw for some very solid reasons," she noted.
According to WalletHub's recent analysis, the states that made the top 10 for 2019 are:
- Florida: 65.6 out of 100
- South Dakota: 63.72
- Colorado: 62.19
- New Hampshire: 61.8
- Virginia: 60.82
- Utah: 60.73
- Iowa: 60.41
- Wyoming: 60.13
- Pennsylvania: 59.94
- Minnesota: 59.88
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