Best Worst State Economies Seniorliving Org California, new jersey, and virginia make up the remainder of the top five, giving the west and northeast each two states in the top five. the state with the worst economy, according to our analysis, is mississippi, with a total score that's less than one ninth the score for massachusetts. Utah took the best state spot for aging in place, as only 35 percent of seniors live alone. they also have relatively good weather, with just 10.1 inches of rain and snow each year on average.
Best Worst State Economies Seniorliving Org Four of the ten best performing states for overall senior care are among the ten poorest states by median household income: alabama, idaho, kentucky, and mississippi. yet some wealthy states, like new york and washington, fall short of expectations. Utah is the best state for aging in place: seniors in utah face some of the lowest risks of social isolation, with only 35.7% living alone – ranking 3rd nationally. Using our proprietary algorithm called seniorscore™, we have developed a list of the best and the worst states for retired seniors. Wyoming ranks as the best state to retire in, requiring only $573,800 for a comfortable retirement, thanks to no state income tax and a strong economy. hawaii ranks as the worst state to retire in, requiring the highest retirement savings nationwide, $1,673,300, and offering limited healthcare access for seniors.
Best Worst State Economies Seniorliving Org Using our proprietary algorithm called seniorscore™, we have developed a list of the best and the worst states for retired seniors. Wyoming ranks as the best state to retire in, requiring only $573,800 for a comfortable retirement, thanks to no state income tax and a strong economy. hawaii ranks as the worst state to retire in, requiring the highest retirement savings nationwide, $1,673,300, and offering limited healthcare access for seniors. New data factored in cost of living, lifestyle, public health, and more to determine the best and worst states for retirement. Florida is the worst state for aging in place: despite its reputation as a haven for retirees, florida ranks last due to limited access to home health aides (50 seniors per aide) along with a high housing cost burden, as 30.7% of older homeowners spend more than 30% of their income on housing. Here's the ranking from best to worst: 1. vermont • pct. of pop. age 65 : 18.8 percent (4th highest) • 65 and older poverty rate: 7.1 percent (7th lowest). Here are the five worst states, along with their corresponding dollar shortfall: 1. massachusetts: $10,248. 2. washington dc: $9,988. 3. new york: $9,244. 4. hawaii: $8,904. 5. connecticut:.
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