I wanted to share with you Wallethub’s 2018 Retirement
rankings, where they discover the best and worst places to retire, and all 50
states were looked at.
They had three categories, affordability, quality of
life, and healthcare. Each state was ranked in these categories to come up with
best to worst.
Kentucky was the worst according to Wallethub at number
50. Their affordability rank was 38, quality of life 47, and healthcare 47.
Florida was
number 1, their affordability ranking was number 1, quality of life was 5, and
healthcare also came in at 5.
So where did
Minnesota fall? We came in at number 11. Get this, we were number 1 for quality
of life and health care, but we came in 42nd in the affordability
ranking. They used several factors to come up with the affordability ranking,
including taxes, cost of in home services and more.
Cost of
living in each state varies and that’s just one aspect we just look at when
formulating a retirement plan. So, these kinds of rankings can be helpful.
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