Which states offer retirees the most bang for their buck? SeniorAdvice.com developed a special scoring system to identify and measure livability for seniors based on financial factors, like tax rates, cost of living expenses, average income, and senior living costs.
The following five states landed at the top of SeniorAdvice.com’s rankings as the most senior-friendly for retirement finances:
1. Wyoming
2. Virginia
3. South Dakota
4. Alabama
5. Louisiana
Meanwhile, SeniorAdvice.com found that these states have the least accommodating retirement finances:
6. California
7. Illinois
8. New Mexico
9. New York
10. Maine
Source: SeniorAdvice.com
