Retirees and those about to leave the workforce face important questions about where and how to spend their post-work years when they are no longer tied to a specific location. Bankrate.com, a consumer financial services company, crunched statistics on cost of living, public health and other metrics in the 50 states to provide objective answers to the where-to-retire question. To construct its rankings of the best and worst states for retirement in 2021, Bankrate researchers examined several public and private datasets for information related to the life of a retiree. They examined five categories, assigning a 40% weighting to affordability, 20% to wellness, 15% to culture, 15% to weather and 10% to crime. See the gallery for the 12 worst states for retirement and how they ranked in each category. — Related on ThinkAdvisor:
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
Sponsored by Axos Advisor Services
Integrated Banking Solutions: How To Enhance Client Services and Grow Your Business
Sponsored by Optifino
Three Macro Trends Impacting Long-Term Care: Trends, Solutions & Client Conversations
Sponsored by Vanilla
The Missing Piece: Why Advisors Who Skip Estate Planning are Failing Their Clients