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|May 16, 2021|
Study: Golden State rates high for seniors
A new study shows California is the No. 8 Best state for older adults.
There are many factors to consider when deciding where to spend your golden years. While it is different from everyone, most people share a desire for their money to go far, good weather, excellent healthcare, and a social life.
SeniorLiving.org released a study on Best States for Older Adults in 2021 after analyzing 15 categories across taxes and finances, health and medicine, and lifestyle and culture using the most recent data from the U.S. Census Bureau, Centers for Medicare and Medicaid, and the National Oceanic and Atmospheric Administration.
Here are several reason California is the No. 8 best state for older adults:
· No. 5 highest median income for 65+ householder population at $58,371.
· No. 2 highest average annual retirement income for 60+ population at $36,499.
· No. 6 best Taxes and finance (T&F) Ranking
· No. 5 state with nursing and in-home health workers employed per 1,000 people over 65.
The five best states for older adults include: Florida, Oklahoma, Mississippi, Delaware, and Massachusetts.
The five worst states for older adults include: Montana, Connecticut, Indiana, Washington, and West Virginia.
Story Date: May 3, 2021