The Best States For Baby Boomers

by Kathy Morris
Study - 10 months ago

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The baby boomers aren’t ok.

Sure, millennials are hurting more, with stagnant wages, rising student debt, and earnings far below their parents. However, there is plenty of suffering to go around. Baby boomers are aging rapidly. Sure, they spend less on avocado toast, but baby boomers are rapidly aging. Many are reaching or are now past retirement age.

Yet, a large percentage of those aged 55-78 are in no position to retire. They have inadequate savings and hefty mortgages. They worked hard their whole life and may have to keep working hard for the rest of it. However, where baby boomers live can make a huge difference in their quality of life.

We analyzed all 50 states to uncover where it is best to be a baby boomer.

Below we detail the criteria we used to rank the states and have the full ranked list. But first, let’s see the 10 states where baby boomers have it the the easiest:

Here are the 10 best states to be a baby boomer

  1. Iowa
  2. Nebraska
  3. New Hampshire
  4. North Dakota
  5. South Dakota
  6. Wyoming
  7. Minnesota
  8. Wisconsin
  9. Alaska
  10. Maine

Baby boomers looking to relocate for retirement might think Florida, but perhaps they should reconsider. 7-of-the-10 top states for baby boomers are in the Midwest. Low costs of living, coupled with affordable housing, and high well-being make the Midwest a prime location for boomers. Absent from the top 10? Any southern or west coast states.

Keep reading to see why these states have the most to offer baby boomers and to see the full ranked list of all 50 states.

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