With more than 3 in 10 Americans feeling anxious about retirement, the personal-finance website WalletHub today released its report on 2024’s Best & Worst States to Retire, as well as its 2024 Retirement Savings Survey.
To help retirees find a safe, enjoyable and wallet-friendly place to call home, WalletHub compared the 50 states across 46 key metrics. Our analysis examines affordability, health-related factors and overall quality of life. Below, you can see highlights from the two reports, along with expert commentary.
| Best States to Retire | Worst States to Retire | |
| 1. Florida 2. Colorado 3. Virginia 4. Delaware 5. Wyoming 6. Idaho 7. New Hampshire 8. Minnesota 9. Montana 10. Pennsylvania |
41. Illinois 42. Arkansas 43. Washington 44. New York 45. Louisiana 46. Oklahoma 47. Rhode Island 48. Mississippi 49. New Jersey 50. Kentucky |
To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/best-and-worst-states-to-retire/18592
Retirement Savings Survey
- Americans worry about retirement. More than 3 in 10 people feel anxious when thinking about retirement.
- Too many people lack a plan. More than 1 in 3 Americans don’t have a retirement plan.
- Nearly half the nation lacks confidence. 46% of Americans are not confident they will have enough money to retire.
- Many people may never retire. 39% of people say they expect to work until they die.
- Debt takes precedence. More than 3 in 5 Americans think paying off debt is more important than making retirement contributions.
- Many people are obsessed with retirement. 31% of people think about retirement all the time.
