How to Choose the Perfect Place to Retire
For most Americans, retirement is a long-awaited rest, and some locations are more comfortable than others. Caring.com's 2017 "Best and Worst States to Grow Old" study ranked all 50 states based on cost of living, healthcare, and quality of life, including senior care. The best states for retirement were Utah, Iowa, South Carolina, Washington, and Nebraska, ranked respectively, and the worst included West Virginia, Indiana, New York, North Dakota, and Wyoming.
Settling down in your golden years requires a lot of commitment, and it's imperative to weigh your options carefully. Make an informed choice by asking yourself these questions as you enter retirement.
Whether you're dreaming of life on the beach or in a remote mountain cabin, the first (and less picturesque) step of retirement is practicality. Choosing your dream location often comes down to how well you can live off your savings. The table below compares Caring.com's best states to retire to overall cost rankings and assisted living expenses.
Source: Fool.com
