New Jersey Is 2022’s Worst State to Retire – WalletHub Study

With 27% of all nonretired adults having no retirement savings, the personal-finance website WalletHub today released its report on 2022’s Best States to Retire, as well as accompanying videos and expert commentary.

To help retirees find a safe, enjoyable and wallet-friendly place to call home, WalletHub compared the 50 states across 47 key metrics. Our analysis examines affordability, health-related factors and overall quality of life.

Retiring in New Jersey (1=Best; 25=Avg.):

  • 42nd – Adjusted Cost of Living
  • 33rd – Annual Cost of In-Home Services
  • 41st – WalletHub ‘Taxpayer’ Ranking
  • 38th – Elderly-Friendly Labor Market
  • 28th – % of Population Aged 65 & Older
  • 46th – Health-Care Facilities per Capita

For the full report, please visit:
https://wallethub.com/edu/best-and-worst-states-to-retire/18592

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