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Colorado Is The 2nd Best State To Retire, Study Finds

50 states were evaluated across three dimensions: affordability, health care, and overall quality of life.

(CBS News)

January 25, 2021

DENVER, Colo. (CBS4) – Colorado is the second best state in the country to retire, according to a new study by Wallethub. The personal finance website evaluated 50 states across three dimensions: affordability, health care, and overall quality of life.

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Researchers evaluated these three dimensions using 45 metrics, which were weighted and assigned on a 100-point scale, with a score of 100 representing the most favorable conditions. Florida was ranked the best state for retirees with a score of 61.09, followed by Colorado with a score of 60.94 and Delaware with 58.69.

New Jersey was ranked the worst state to retire, with a score of 37.41.

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