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Here are the 10 worst states to retire, according to Bankrate. Notably, Alaska ranks last in the weather category. ... it’s also good to keep other non-financial aspects in mind. For example ...
According to the Social Security Administration, the average Social Security benefit in the U.S. is currently $1,907. In many states, this isn't enough to cover your cost of living as a retiree,...
50. California. State population of senior citizens, aged 65 and up: 6,158,902 Median household income: $91,905 Average single-family home value: $810,327 Average monthly mortgage payment: $4,745 ...
Hawaii. Average annual expenditures: $104,245.85. Number of years $500,000 will last: 4.80. Years, months and days: 4 years 9 months 18 days. Say “Aloha” to the worst state for retiring with ...
Some cities are better suited for retirement than others.. To determine the best and worst place in each U.S. state to retire, GOBankingRates used the U.S. Census American Community Survey to find ...
Six of the 10 worst states in which to retire are located in California, according to WalletHub. With few senior-friendly activities and community centers, they all received low rankings in ...
The state's high homeownership rate (about 82% of seniors in the state own their own homes) also contributes to Tennessee's appeal for retirees seeking both financial security and a comfortable ...
Some 41 percent of Americans who say they lack financial security point to their lack of retirement money ... Best and worst states to retire in 2024. Top 5. Bottom 5. 1. Delaware. 50. Alaska. 2 ...