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BEST State To Retire-Massachusetts?

By Jaybeau Jones
The ocean is calling you! The sound of the waves relaxes you and you can hit the reset button. Sometimes all you need is a sunrise or sunset beach yoga class to feel calm and comforted. Florida, Mexico, Aruba, or Hawaii (to name a few places) would be the vitamin sea you need!

Whether it’s close or far away, the thought of retirement can be joyful or a little scary, depending on your situation. Will Jaybeau ever retire? Will I have enough money? When will I retire? What is the BEST state to retire in?

STATS

Wallet Hub is out with their list of the BEST states to retire in. Where does Massachusetts come in? While Florida always comes to mind first, there are many states that are retirement friendly, according to this Wallet Hub study:

If retirement is still a big question mark for you because of finances, consider relocating to a state that lets you keep more money in your pocket without requiring a drastic lifestyle change. To determine the best states to retire, WalletHub compared the 50 states across 47 key indicators of retirement-friendliness. Our analysis examines affordability, health-related factors and overall quality of life.

While there are BEAUTIFUL places in our state to retire, we must acknowledge that winters around here can be tough. Add to that Florida has NO state income tax. So if you plan on tapping your 401K during retirement, BOOM, no tax! Don’t count on me for tax questions, call your accountant!

So, let’s get our coffee and calculator and find the BEST state to retire in! See the interactive map below and SCROLL down and see the best states to retire in, by rank!

  • Interactive Map: Hover Mouse Over Your State

    Source: WalletHub

  • 1 Florida

    Score 59.41

  • 2 Virginia

    Score 59.32

  • 3 Colorado

    Score 59.27

  • 4 Delaware

    Score 56.34

  • 5 Minnesota

    Score 55.85

  • 6 North Dakota

    Score 54.51

  • 7 Montana

    Score 54.44

  • 8 Utah

    Score 54.23

  • 9 Arizona

    Score 54.17

  • 9 New Hampshire

    Score 54.17

  • 11 Idaho

    Score 53.63

  • 12 South Carolina

    Score 53.57

  • 13 Wyoming

    Score 53.49

  • 14 South Dakota

    Score 53.48

  • 15 Wisconsin

    Score 52.72

  • 16 California

    Score 52.60

  • 17 Missouri

    Score 52.72

  • 18 North Carolina

    Score 52.06

  • 19 Massachusetts

    Score 51.77

  • 20 Iowa

    Score 51.37

  • 21 Pennsylvania

    Score 50.15

  • 22 Alabama

    Score 49.93

  • 23 Ohio

    Score 49.52

  • 24 Kansas

    Score 49.30

  • 25 Nevada

    Score 49.29

  • 26 Hawaii

    Score 48.88

  • 27 Maine

    Score 48.74

  • 28 Vermont

    Score 48.71

  • 29 Connecticut

    Score 48.57

  • 30 Maryland

    Score 48.55

  • 31 Michigan

    Score 48.48

  • 32 Nebraska

    48.39

  • 33 Indiana

    Score 48.07

  • 34 Texas

    Score 47.70

  • 35 Georgia

    Score 47.64

  • 36 New Mexico

    Score 47.56

  • 37 Alaska

    Score 47.03

  • 38 Oregon

    Score 46.89

  • 39 Tennessee

    Score 46.64

  • 40 Washington

    Score 46.22

  • 41 Louisiana

    Score 46.03

  • 42 West Virginia

    Score 45.63

  • 43 Arkansas

    Score 44,43

  • 44 Rhode Island

    Score 44.35

  • 45 Illinois

    Score 44.27

  • 46 Oklahoma

    Score 43.97

  • 47 Kentucky

    Score 42.49

  • 48 New York

    Score 42.47

  • 49 Mississippi

    Score 41.17

  • 50 New Jersey

    40.27

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