Wyoming may have the smallest population in the nation at the moment – but it may not stay that way if America’s retirees read a new report from Bankrate.com.
The report ranks the Cowboy State as the best state for retirement in 2015. The report factored in local weather, cost of living, crime rate, health care quality, tax burden and senior satisfaction. Wyoming also topped a retirement list issued last year by the National Institute for Retirement Security and a separate list by Wallet Hub looking at the best places to retire for members of the military.
Wyoming topped the list due to its low cost of living, crime rate and low tax burden.
The report found ranked Arkansas as the worst place to retire.
“There are many factors retirees should consider before deciding where to put down roots,” Bankrate.com research and statistics analyst Chris Kahn said in a statement. “Warm weather may be an initial draw, but all the sunny days in the world won’t make you happy if you’re constantly stretching your budget or don’t have access to quality health care.”
A recent Gallup poll found that 59 percent of Americans were worried they wouldn’t have enough money in retirement, by far their greatest financial concern.
Click here to see the 10 Best States for Retirement in 2015.
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