Social Security Administration figures show that a record 4.2 million Americans will turn 65 in 2025. And with more Americans than ever reaching retirement age this year, where will they choose to live?
Several factors can make a state a good place to retire. That’s why senior living technology company Seniorly looked at nine metrics (cost of living, income taxes, Supplemental Security payments, weather, entertainment options, doctor availability, long-term care spending, the community of older adults, and the overall health status of the state’s senior population) to formulate their recently released a study ranking all 50 states, and Washington D.C.
Related: Are You on Track to Retire Well? A Financial Expert
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