Best and worst states to retire

With 27% of all non-retired adults having no retirement savings, the personal-finance website WalletHub  released its report on 2022’s Best States to Retire.

WalletHub compared the 50 states across 47 key metrics. Our analysis examines affordability, health-related factors and overall quality of life.
 
Best vs. Worst

    Mississippi has the lowest adjusted cost-of-living index for retirees, 85.87, which is 2.1 times lower than in Hawaii, where it is highest at 182.59.
     
    Louisiana has the lowest median annual cost of elderly housekeeping, $38,896, which is 1.8 times lower than in Washington, where it is highest at $71,294.
     
    South Dakota has the highest share of the population aged 65 and older still working, 22.98 percent, which is 1.7 times higher than in West Virginia, where it is lowest at 13.27 percent.
     
    Florida has the highest share of the population aged 65 and older, 20.10 percent, which is 1.9 times higher than in Utah, where it is lowest at 10.80 percent.