Looking for the best place to live after retirement? Look no further than Old Dominion. Virginia is the top state for retirement, according to new research from WalletHub.
Looking for the best place to live after retirement? Look no further than Old Dominion. According to this, Virginia is the highest state for retirement to new research from WalletHub.
Virginia has a good balance of affordability, quality of life and health care, ranking highly in all three categories.
WalletHub points to the Commonwealth’s tax friendliness for retirees and great access to volunteer activities for adults.
It also boasts a high number of dentists per capita.
The study ranked Virginia as having less mild weather than other states and having a lower population age 65 and older.
While Virginia received top marks, its neighbor to the north fared less well.
Maryland was 42nd out of 50 for retirees. Not surprisingly, affordability was the biggest hurdle for seniors in the state. In this category, the state ranked very close to the bottom. It did a decent job of accessing healthcare.
WalletHub based the results on a composite score of 47 relevant metrics, which included adjusted cost of living, access to public transportation and health care providers per capita.
Wallet Hub said if you’re thinking about moving when you retire, plan ahead to find a place that will maximize your quality of life.
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