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Worst States to Retire in 2024 Revealed: Kentucky, New Jersey, and Mississippi Lead the Pack (23.6% of States Underperform)

Kentucky, New Jersey, and Mississippi Top List of Worst States to Retire in 2024

WalletHub’s 2024 Retirement Survey Highlights Worst States for Retirees

According to Kiplinger, a new survey from WalletHub has found that Kentucky, New Jersey, and Mississippi are the worst states to retire in the U.S. in 2024. The study looked at all 50 states based on 46 key factors like taxes, cost of living, medical care, and fun activities. This helps future retirees know which states might not be the best for their golden years.

READ ALSO: 70% of Americans Can’t Afford to Retire in Alaska: New Study Reveals the Worst States to Hang Up Your Hat

(PHOTO: GeeksforGeeks)

High Taxes and Poor Healthcare Make Some States Less Attractive for Retirees

The study shows that these bottom-ranked states have higher taxes, more crime, and poorer healthcare facilities. These problems make these states less attractive for retirement compared to those at the top of the list, which offers better living conditions. Picking a place to retire that gives a happy and healthy life is very important.

Essential Factors for Planning a Stress-Free and Enjoyable Retirement

When planning for retirement, people often consider practical aspects such as living costs, healthcare quality, housing affordability, and proximity to family. These factors are essential for a stress-free and enjoyable retirement. Choosing where to live carefully can significantly impact your happiness and comfort. It’s wise to take your time, research thoroughly, and think about what matters most before making big decisions. This way, you can make the most of your golden years.

Kentucky Leads the List of Worst States for Retirement in 2024

The ten worst states for retirement according to the survey are Kentucky, New Jersey, Mississippi, Rhode Island, Oklahoma, Louisiana, New York, Washington, Arkansas, and Illinois. Kentucky is the worst among them, scoring low in many areas. Each of these states has its good points, but they share common problems that can make retirement harder.

Additional States to Avoid for Retirement – Survey Highlights 15 More

Besides the bottom ten, the survey also pointed out 15 more states that aren’t great for retirees. These are Hawaii, Alaska, Iowa, Kansas, Georgia, New Mexico, Texas, Nevada, Connecticut, Indiana, Vermont, Oregon, Maryland, Tennessee, and West Virginia. Finding the perfect place to retire means looking at many different things to make sure it fit your needs and gives you a happy life.

READ ALSO: California’s Most Dangerous County: San Joaquin Leads with 72 Crimes Per 1,000 Residents, While Sacramento Region Ranks as Safest

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