Business Report: The best states to retire to

Business Report: The best states to retire to

HONOLULU (HawaiiNewsNow) - Hawaii does not tax retirement income, so it’s a better retirement state than some people think. But the high cost of living, a problem for everyone, is a bigger problem on a fixed income. WalletHub says we’re the worst on cost.

+ Hawaii: highest cost-of-living for retirees. (AR lowest.)

+ Washington state: costliest in-home eldercare. (LA lowest.)

+ Florida: highest share of seniors (19%). AK lowest (10%).

+ Alaska: highest share of seniors still working (23%). (WV lowest.)

+ Hawaii: highest life expectancy. (MS lowest.)

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