These Are Key Traits for the Best Retirement States

These Are Key Traits for the Best Retirement States
Delaware Water Gap Recreation Area at sunset from Mount Tammany in N.J. Tetyana Ohare/Shutterstock
Due
By Due
Updated:
Here is a complete list of the worst and best retirement states that provides a deeper breakdown of all 20 retirement variables. Here are the top ten states.

Key Traits for the Best Retirement States

Americans often ask the question, “Where is the best place to retire financially?” Credit Karma did a study to answer this question. It analyzed all 50 U.S. states and 20 relevant factors.
These factors include the overall cost of living, the percentage of residents 65 or older living below the poverty level, the prices of elderly healthcare, and more. In addition, the study reveals the top five states for retiring in the U.S.
  • Delaware
  • Florida
  • New Hampshire
  • Wisconsin
  • Hawaii

States That Do Not Tax Social Security

Social security income is not subject to tax in the top 10 best states for retiring. The study found that 9 of the ten top-ranked states don’t tax Social Security income.