Best and Worst States for Retirement: The Complete List
MoneyRates.com has received a flurry of press coverage plus several questions and comments regarding our lists of 10 worst and 10 best states for retirement.
Some of you asked about specific states that weren't on either list -- or to see the entire list. To let everyone see where their state ranked, here's MoneyRates.com's entire list, from the best state for retirement to the worst state for retirement:
1. New Hampshire
2. Hawaii
3. South Dakota
4. North Dakota
5. Iowa
6. Virginia
7. Utah
8. Connecticut
9. Vermont
10. Idaho
11. Rhode Island
12. Nebraska
13. California
14. Massachusetts
15. Texas
16. Kansas
17. Kentucky
18. Minnesota
19. Florida
20. New Jersey
21. Colorado
22. West Virginia
23. Washington
24. Wisconsin
25. Wyoming
26. Arizona
27. Montana
28. Maine
29. Mississippi
30. Oregon
31. Oklahoma
32. New York
33. Alabama
34. New Mexico
35. Delaware
36. Georgia
37. Indiana
38. Pennsylvania
39. Louisiana
40. Illinois
41. Arkansas
42. Missouri
43. North Carolina
44. Ohio
45. Tennessee
46. Maryland
47. South Carolina
48. Alaska
49. Michigan
50. Nevada
With that, let the arguments begin!
MoneyRates.com recognizes that there will be differing opinions on this. In fact, most of the states in the bottom ten had a top-ten ranking for at least one of our criteria, proving that there is usually something to love about every state. Also, a recent MoneyRates.com/GetRichSlowly.org poll confirmed that proximity to family often outweighs all other considerations in choosing a retirement location.
Still, the importance of the MoneyRates.com list is to help retirees make their choices with open eyes. After all, while most of the bottom states ranked well in one category or another, most had bottom-ten rankings in multiple other categories. If a state has a great climate, but also has a high tax burden or a problem with crime, those are things you should know about before retiring there.
As always, we appreciate your comments. Specifically, was there something we missed? Is there a quantifiable factor that should be figured into our calculations of best and worst states for retirees? Your suggestions will give us food for future thought.