TOPEKA, Kan. (WIBW) – A recent report found that Kansas is ranked in the bottom half of states where it is best for seniors to retire.
With 25% of the eligible population lacking retirement savings, personal finance website WalletHub.com said on Monday it had released its report on the best states to retire in 2023, and Kansas is in the bottom half of the list.
To help retirees find safe, pleasant, and wallet-friendly homes, WalletHub said it compared all 50 states across 47 metrics. Data included affordability, health-related factors, and overall quality of life.
Kansas was ranked 36th overall with a total score of 46.76. The Sunflower State ranked 30th in convenience, 32nd in quality of life, and 33rd in healthcare.
To the south, Oklahoma ranked 47th overall, worst in the region, with a total score of 43.61. The state ranked 19th in convenience, 47th in quality of life, and 43rd in health care.
Up north, Nebraska ranked 25th overall with a total score of 49.30. The state ranked 37th in accessibility, 16th in quality of life, and 15th in health care.
In the East, Missouri ranked 13th overall with a total score of 52.37. It ranked 17th for accessibility, 28th for quality of life, and 32nd for health care.
The best state in the region to retire to would be Colorado, which ranked 3rd overall with a total score of 57.41. It ranked 14th for accessibility, 27th for quality of life and 5th for health care.
The report also found that Oklahoma had the third-lowest adjusted cost of living, while Colorado had the third-highest annual cost of home services. Kansas was found to have the fifth worst “taxpayer” in the rankings, while Nebraska had the fourth highest percentage of its workforce aged 65 and older.
The study found that Kansas had the third-most number of museums per capita and Colorado had the fifth-lowest percentage of its overall population age 65 and older. Colorado also had the third highest property crime rate.
The report indicated that the best states to retire to are:
The report found the worst states to retire to are:
- New Jersey
- New York
For more information or to see where other states fall, click HERE.