This year's list includes some of the expected warm-weather locations like
The Top 10 States for Retirement in 2020 are:
Florida Iowa Arkansas
Idaho Missouri West Virginia
"You probably shouldn't choose – or eliminate – a state based on any one criterion," suggests
The Midwestern picks, from
MoneyRates has released a study about the best retirement options every year since 2010. While individual preferences for factors like economic stability, affordability, availability of healthcare and popularity among peers vary, the financial component of retirement is something everyone needs to plan. Understanding the range of options can help people find the best retirement location for their version of retirement.
Saving for Retirement
Future retirees are encouraged to use the MoneyRates retirement calculator frequently to help set targets based on the lifestyle they hope to achieve once they stop working.
To view each state's ranking with full methodology and other details to help consumers plan for retirement, please visit: https://www.money-rates.com/research-center/best-states-to-retire/.
MoneyRates.com is owned and operated by
Since 1998, MoneyRates.com has served as a personal finance resource designed to help readers make the most of their money. In addition to a variety of financial calculators, MoneyRates.com researches and tracks CD, savings, and money market rates offered from over 400 financial institutions across the country to offer expert advice on banking, investing and retirement planning.
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