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. Our analysis examines affordability, health-related factors and overall quality of life.| Best States to Retire | Worst States to Retire |
| 1. Florida | 41. Illinois |
| 2. Colorado | 42. Texas |
| 3. Delaware | 43. Connecticut |
| 4. Virginia | 44. West Virginia |
| 5. North Dakota | 45. Kentucky |
| 6. Montana | 46. Rhode Island |
| 7. Idaho | 47. New Mexico |
| 8. Utah | 48. Mississippi |
| 9. Minnesota | 49. New York |
| 10. New Hampshire | 50. New Jersey |
Best vs. Worst
- Mississippi has the lowest adjusted cost-of-living index for retirees, 84.26, which is 2.3 times lower than in Hawaii, where it is highest at 194.66.
- 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.
