What are key factors to consider when deciding on a location to retire?
A successful retirement has many variables to consider before the equation comes into clear view. According to research compiled and ranked by WealthHub, Affordability, Quality of Life and Health Care are the three primary factors to consider when choosing a state to retire in.
For this ranking, WealthHub used 40% of an overall state’s ranking to factor in a state’s Affordability. Quality of Life is another 30% of a state’s score while Health Care comprises the remaining 30%. The data WealthHub used in its rankings came from a wide variety of both government and private sources like the U.S. Census Bureau, the FBI, U.S. Bureau of Labor Statistics, CDC, Retirement Living Information Center and GolfLink. Yes, GolfLink.
For more on the best and worst states to retire in, check out our new article coming this Thursday.