Seniorly, a directory and technology company focused on senior living communities, recently released a report ranking the best states to retire. Alabama came in at number 50 on the list, falling behind in the availability of healthcare for seniors but scoring well in terms of affordability. The study analyzed nine metrics across three categories: affordability, healthcare, and quality of life, using data from various federal agencies and considering factors like cost of living, income taxes, long-term care spending, and access to healthcare.
A directory and technology company devoted to senior living communities, Seniorly , recently ranked Alabama number 50 in a report on the best states to retire. To compile the study, Seniorly says it analyzed nine metrics of data in all 50 states and Washington, D.C. across three categories: affordability, healthcare, and the quality of life.
Seniorly used data from several federal agencies, including the Social Security Administration, the Health and Resource Services Administration, the Bureau of Labor Statistics, the Census Bureau, and the Tax Foundation to determine the rankings. The site also analyzed a number of factors in each state including the cost of living, income taxes, Supplemental Security payments, weather, entertainment options, availability of doctors, long-term care spending, the community of older adults, and overall health status.Washington, D.C. ranked number one in the study as the best place to retire due to its high monthly Supplemental Security payment ($1,094) and spending on long-term care, as well as the availability of doctors and recreational opportunities. Montana, Wyoming, Alaska, and Pennsylvania also made the top five. Several states in the Southeast and Southwest ranked at the bottom of the Seniorly study, including Georgia, Oklahoma, and Mississippi. “These states tended to have unhealthy seniors and below-average spending on long-term care,” wrote Christine Healy, Seniorly’s Chief Growth Officer. “However, they did typically have larger older populations, lower costs of living, and among the best weather in the country.” Seniorly ranked Alabama number five in terms of cost of living, but number 44 in terms of the availability of doctors for older adults. While Alabama ranked 50, the state didn’t land on the bottom - thanks to the inclusion of Washington, D.C. That spot went to New Jersey. “New Jersey is the worst state to retire, driven by its high cost of living and income tax rate of 10.75% for top earners. It lands in the middle of the pack when it comes to the size of its older community (17.7%),” wrote Healy
Retirement Alabama Seniorly Best States Healthcare Affordability Cost Of Living
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