Are you the type of person who cannot wait for the day that you can finally go into retirement? Trust us, we all feel the exact same way! If you happen to be wondering where the best place to spend your twilight years is, you are in luck. There are many things to consider when you are looking for a new place of residence: cost of living, healthcare, tax laws, the weather. While some people set their eyes somewhere abroad, there are also those who prefer to stay close to home. Certain states are considered better for retirement, although it will ultimately boil down to preference. The following information came from Milken Institute, Kiplinger, Bureau of Labor Statistics, and National Association of Realtors. Let us see which states are the best fit for you and your priorities!
Here Are The Best States To Retire, Ranked From Most Expensive To Cheapest
Hawaii
According to Niche.com, most retirees in the tropical state prefer to live in Maunawili in O’ahu. The state boasts of a population of 1.4 million people as well. It is very attractive to people who are passionate because this state boasts of an almost ethereal natural beauty. For people who are 65 years and older, the average income is more than $71,000. The cost of living here is 87 percent higher than the U.S. average, which makes Hawaii a bad choice if you are hoping to make your savings last for a very long time.
Hawaii
