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California Ranks No. 18 in Best States to Retire
WalletHub releases the best states in 2023 to retire
Not everyone can retire whenever they want. In fact, 25% of non-retired adults haven’t saved money for retirement, but not necessarily through their fault. Additionally, only 40% of non-retired adults believe their retirement savings are on track.
But in addition to knowing when to retire, a good question to ask is where. Finding the best states to retire to can be difficult without doing a lot of research. Even in the most affordable parts of the United States, most retirees cannot rely solely on Social Security or pension checks to cover all their living expenses. Social Security benefits increase with local inflation, but they only replace about 37% of the average worker’s wage.
For the full report, please visit:
https://ealthycare.us/2023/01/23/california-ranks-no-18-in-best-states-to-retire/
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