New Jersey Is 2021’s Worst State to Retire – WalletHub Study
With 26 percent of all nonretired adults having no retirement savings or pension and a quarter of Americans expecting to delay their retirement due to the economic impact of COVID-19, the personal-finance website WalletHub today released its report on 2021’s Best States to Retire, as well as accompanying videos.
To help retirees find a safe, enjoyable and wallet-friendly place to call home, WalletHub compared the 50 states across 45 key metrics. WalletHub’s analysis examines affordability, health-related factors and overall quality of life.
Retiring in New Jersey (1=Best; 25=Avg.):
- 41st – Adjusted Cost of Living
- 33rd – Annual Cost of In-Home Services
- 39th – WalletHub ‘Taxpayer’ Ranking
- 38th – Elderly-Friendly Labor Market
- 28th – % of Population Aged 65 & Older
- 47th – Health-Care Facilities per Capita
- 36th – COVID-19 Positive Testing Rate in the Past Week
For the full report, please visit:
https://wallethub.com/edu/best-and-worst-states-to-retire/18592
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