Are you planning to move to a new city or state after you retire?
Moving after retirement is a big decision, and you may find yourself weighing the pros and cons of different places. There’s a lot to consider … do you find yourself getting overwhelmed?
WalletHub, a finance website, looked at 41 key indicators of retirement-friendliness such as affordability, health care, climate, and quality of life. According to them, the 10 best states for older Americans are:
- Florida
- Colorado
- South Dakota
- Iowa
- Virginia
- Wyoming
- New Hampshire
- Idaho
- Utah
- Arizona
Topping the list for best overall is Florida. According to Wallethub, it ranked number one in affordability, but 20th for health care, as opposed to number two Colorado, which ranked number two for health care but wasn’t in the top 20 for affordability.
Are any of these states on your list? Do you have other states in mind? Whatever you choose, your dream retirement destination might be within your reach!
After years of hard work, Imber Wealth Advisors want to help you make your dreams of retirement a reality. Talk to your financial advisor in Ann Arbor if you’re starting to think about retirement! We can help you put together a plan for retirement that is customized for your family and your life goals.
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