WalletHub study finds Virginia a top state for retirement
ROANOKE, Va. (WFXR)—A recent study by WalletHub ranked the best states to retire in the United States.
The website compared the 50 states across 46 key indicators of retirement-friendliness, including financial factors like tax rates and the cost of living to things such as access to quality medical care and fun activities.
“Being retired brings freedom, but it also naturally is a time of financial constraint, with many seniors living on a fixed income. To make the most of your retirement savings, you should retire in a state where the cost of living and tax rates are friendly to retirees if you have the resources to. You should also consider factors like the quality of the state’s healthcare system and the abundance of activities that you enjoy.”
Cassandra Happe, WalletHub Analyst
Roanoke region recognized for best living and outdoor attractions in Virginia
According to WalletHub, Virginia ranks as the third-best state for retirement. The study features the state’s elder abuse protections in the country, saying “This makes seniors physically safer and less vulnerable to being taken advantage of financially.”
Along with the state’s protections for the elders, Wallethub celebrates the Commonwealth’s benefit from many miles of shoreline, low violent crime, and air quality. They also highlight Virginia as the 10th most taxpayer-friendly state.
The only two states WalletHub has ranked above Virginia are Florida and Colorado.
To see the full list and rankings by WalletHub, visit this link.
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