A recent study has found a few places that are the worst places to retire in the USA. The study also pointed out that the people who are retired or wish to opt for retirement must remember to look for certain criteria’s when selecting the best place to retire. Some of these criteria are affordability and quality of healthcare.
How the Worst Places to Retire in the USA were decided?
The researchers at Caring.com examined a lot of healthcare, financial and quality of life categories. They created a list of the best and worst places to grow old if you live in the USA. The major categories they used include the availability of quality healthcare, support for seniors and family caregivers, affordability of senior care and overall quality of life for seniors. They added that these criteria’s are not at the best in the common retirement destinations such as Arizona or Florida.
Topmost among the Worst
West Virginia was named as the worst state to retire because spending a year in an assisted living facility there will cost you $42,000. If you opt for home health care aide, you will have to shell out $36,600 every year. The state was said to be lacking in providing the important healthcare offerings and quality of life to the seniors.
New York has made it to the list also. It is a state that is named as the most expensive state for senior care in the USA. When a retiree opts for assisted living community, approximately $49,000 would be needed per year. On the other hand, the home health care aide would cost about $52,600. The third option, the option of using a semi-private room in a nursing home would cost around $131,700 on average.
Indiana was termed as relatively affordable in offering senior care. Unfortunately, the state was still counted among the worst as the quality of life and healthcare are not too good.
Advice for Retirees
If you are a retiree or you are looking forward to retirement in a few years, you need to make sure that you set your priorities right. Otherwise, you may end up planning your retirement at one of the worst places to retire in the USA. First, you need to have money for all the basics such as healthcare and comfortable living. After that only, should you focus on leisure options such as travelling and doing activities that you enjoy but never had time for.
