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Top 10 best states to retire based on quality of life


No. 1 state to retire for a high quality of life: Massachusetts

Massachusetts is the best state for retirees based on quality of life. While the state ranks in the bottom half of the list is for affordabilityit scored top marks for health care, which came in second place.

Massachusetts is one of the leading medical centers in the world and one of the first leaders in the fight to improve the condition of society, according to Britannica. The state is a leader in progress in areas such as health care coverage, quality of public education, same-sex marriage and more.

The state is considered moderately tax-friendly for retirees, according to SmartAsset. For example, Social Security income is not taxable, but withdrawals from retirement accounts are fully taxable.

Minnesota is ranked as no. 2 best states to retire in 2023 based on quality of life, according to WalletHub.

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Top 10 best states to retire based on quality of life

  1. Massachusetts
  2. Minnesota
  3. Pennsylvania
  4. Florida
  5. New Hampshire
  6. Maine
  7. Vermont
  8. Ohio
  9. Wyoming
  10. New York

Minnesota ranks second on the list. Minnesotans enjoy the fourth highest life expectancy in the countrywith an average of 80.9 years, according to World Population Review.

The state also has one of the lowest poverty rates in the U.S. This year, WalletHub it is ranked as the fourth best state to raise a family because of the high median family income, $77,706, and low levels of separation and divorce.

The crime rate is low in the state and the air is clean.

Pennsylvania ranks as one of the best states to retire based on several factors including, affordability and quality of life.

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Pennsylvania rounded out the top three. It is known as the “Snack Food Capital of the World,” being one of the largest producers of canned fruit and vegetable specialty snacks. Some of the company names include Martin’s Snacks, Snyder’s of Hanover, Utz Brands, Julius Sturgis Pretzel Bakery and The Hershey Co.

In Pennsylvania, there is no retirement income tax for residents.

The state is also one of the the best for health carehealth and safety, affordability and entertainmentaccording to Scholaroo, a platform that helps students find scholarships.

The Keystone State also has many nursing homes and ranks high for its geriatric health providers.

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