Monday , 29 November 2021

The Worst (and Best) States for Retirement in 2020 and Why

Automatically receive the internet’s most informative articles bi-weekly via our free bi-weekly Market Intelligence Report newsletter (sample here). Register in the top right hand corner of this page.

…Every year, multiple retirement studies from Bankrate, WalletHub and MoneyRates claim they can show you which states are best or worst for retirement but they almost never agree, so we’ve taken those annual state rankings and have essentially averaged them into one master list going in order from the best to the worst…[For specific comments on the advantages and disadvantages of each state please refer to the original article.]

  1. Florida
  2. Missouri
  3. (tie) Idaho
  4. (tie) Iowa
  5. Montana
  6. Wyoming
  7. Kansas
  8. Wisconsin
  9. Hawaii
  10. Nebraska
  11. (tie) South Dakota
  12. (tie) Texas
  13. Utah
  14. New Hampshire
  15. (tie) Virginia
  16. (tie) Arkansas
  17. (tie) Delaware
  18. (tie) Ohio
  19. Vermont
  20. Oklahoma
  21. Arizona
  22. (tie) Michigan
  23. (tie) Alabama
  24. (tie) North Carolina
  25. (tie) Indiana
  26. Colorado
  27. Pennsylvania
  28. (tie) Maine
  29. (tie) South Carolina
  30. (tie) Kentucky
  31. (tie) North Dakota
  32. (tie) West Virginia
  33. Massachusetts
  34. Tennessee
  35. (tie) Georgia
  36. (tie) Mississippi
  37. Minnesota
  38. Illinois
  39. Connecticut
  40. Oregon
  41. Louisiana
  42. California
  43. New Mexico
  44. Rhode Island
  45. New Jersey
  46. Washington
  47. (tie) Nevada
  48. (tie) Alaska
  49. Maryland
  50. New York
Editor’s Note:  The original article by Doug Whiteman has been edited ([ ]) and abridged (…) above for the sake of clarity and brevity to ensure a fast and easy. The author’s views and conclusions are unaltered with no editorial comments included to maintain the integrity of the original article and are not to be construed as an endorsement of such by the editor. Any re-posting of this article requires a hyperlink to this post to avoid copyright infringement.

Scroll to very bottom of page & add your comments on this article. We want to share what you have to say!