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November 03, 2021 at 01:46 PM
Related: 12 Best States for Military Retirees: 2021
In a report released ahead of Veterans Day, Nov. 11, and on the first day of National Veterans and Military Families Month (Nov. 1-30), WalletHub notes that some 19 million veterans currently live in the U.S., and many face hurdles when they reenter civilian life.
Some veterans cannot secure jobs, shelter or health care, despite the federal government’s promises to aid them upon their return from service.
Financial advice can help. Military families with an advisor or coach are more financially confident than those without, according to a study by First Command Financial Services.
Veterans are sought after as advice-givers, too, by advisory firms looking to recruit career changers.
But some states offer better conditions than other for those who have served their country, according to the report.
To help military veterans find the best places in which to settle down, WalletHub compared the 100 largest U.S. cities across the key dimensions of employment, economy, quality of life and health. Researchers evaluated those dimensions using 20 relevant metrics and grading each one on a 100-point scale, with a score of 100 representing the most favorable conditions for veterans.
They then determined each city’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order the sample. The sample included only the “city proper” in each case, excluding surrounding cities in the metro area.
See the gallery for the best cities for veterans to live.
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