The 15 most expensive states to live in when you retire
ESB Professional/Shutterstock
While low crime rates, proximity to healthcare, and amenities such as movie theaters and golf courses are important, affordability is crucial.
As part of its recent ranking of the best and worst states to retire in, personal-finance site WalletHub also rated each state's affordability.
To determine how much it costs to retire in each state, WalletHub considered cost of living, tax rates, tax friendliness on social security and pensions, and the annual costs of in-home services and adult day care. Read a full breakdown of the methodology here.
Below, we've highlighted the 15 states that clock in on the most expensive side of the spectrum, with Rhode Island earning the No. 1 spot. Notoriously expensive locales such as Hawaii and New York made a showing in the top 10 as well.
If you're close to retirement - or getting an early start on your research - read on see the 15 most expensive places to end up.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market