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The 10 Best States to Spend Retirement, Part I

Categories: General Interest, Retirement

The 10 Best States to Spend Retirement, Part INot that long ago, if you planned on moving out of your home state for retirement, everyone assumed you were probably going to one of just two places: Florida or Arizona. Today, however, not only is this assumption a bit trite, but it is also highly misinformed. These realities are borne out in a study recently conducted by aimed at determining what makes certain states more appealing to retirees. does recognize that there are several subjective factors Americans find important when choosing their retirement locale, such as family and friends or beautiful natural surroundings, but there are several objective and absolutely quantifiable criteria the company was able to use in order to rank each state’s appeal as a retirement destination. Here are the factors with which the state rankings were measured:

  • Economic conditions: Things like property taxes, the cost of living, and even unemployment, as more seniors are choosing to work at least part time during retirement, tend to affect seniors more acutely, as they’re typically live on a fixed or limited income.
  • Climate: Using a mild 68 degrees as a baseline, evaluated which states had the fewest monthly variations from that temperature.
  • Senior population growth: According to, “people tend to vote with their feet,” so they determined which sates had the fastest rate of growth in the population of citizens looked at which states had the least monthly variations from a moderate 68 degree temperature.
  • Crime rate: The rankings include considerations for violent crime and property crime rates for each state.
  • Life expectancy: maintains that life expectancy speaks to a number of factors important to seniors, like the quality of health care and environmental considerations. For the purposes of this ranking process, the company used each state’s life expectancy for people who are currently 65 years old.

Here is the first half of our top 10 — well, 11, really, due to a tie — states for retirement today according to the research performed by

10. California (tie): The beautiful yearlong weather has long attracted seniors to California, even despite its economic difficulties. What’s more, life expectancies for Americans aged 65 or older are one of the country’s best.

10. Texas (tie): The warm climate, coupled with a stable economy, has been attracting seniors to the Lone Star State for years. Like Arizona, however, Texas has one of the 10 worst overall crime rates in the nation.

9. South Dakota: I’ll just go ahead and say it: South Dakota probably doesn’t leap to mind when considering the best states for retirement. And even though there isn’t a substantial senior population, the seniors who do inhabit South Dakota benefit from its low crime rate (one of the lowest in the nation) and from the fact that South Dakotan seniors have one of the highest average life expectancies in the U.S.

7. Florida (tie): Arguably the best-known state in the nation when it comes to attracting senior citizens, the fact that Florida ranks first in climate and second for life expectancy among individuals aged 65 or older makes it easy to understand why this state is such a senior-population hot spot. Conversely, however, does warn that Florida has one of the highest overall crime rates in the country, so finding a safe neighborhood is paramount.

7. New Mexico (tie): Much like the state it shares seventh-place rank with, New Mexico is also known for a temperate and mild climate. And just as with Florida, carefully choosing where to live is crucial, as the crime rate in New Mexico places it as one of the 10 worst states for crime in the country.

6. Colorado: With the fourth fastest-growing senior population in the country, Colorado seniors also enjoy a long life expectancy. And despite the cooler weather, the myriad attractions and activities Colorado boasts seem to more than make up for a few chilly days a year. We’ve just explored the bottom half of the top-ranking states in which retirees often consider spending their golden years, as well as what makes each state so appealing to the senior population. In Part II of this article, we’ll reveal the top five highest-ranked states to live if you’re 65 or older based on the criteria outlined by Stay tuned, you just might be surprised what states made the cut.