HARTFORD, Connecticut (WFSB) — Connecticut ranks among the worst states in which to retire, a new study suggested.
The personal finance website WalletHub.com released a report Monday on 2021’s Best States to Retire.
Connecticut was 43rd on the list, which made it the 8th worst.
WalletHub said it looked at affordability, health-related factors and overall quality of life.
Here’s how Connecticut’s metrics contributed to its ranking:
43rd in adjusted cost of living
21st in annual cost of in-home services
49th in WalletHub ‘taxpayer’ ranking
21st in elderly-friendly labor market
19th in healthcare facilities per capita
38th in COVID-19 positive testing rate in the past week
The best states in which retire include Florida, Colorado and Delaware.
The bottom three worst include Mississippi, New York and New Jersey.
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