ORLANDO, Fla. — WalletHub put out their in-depth ranking of the best states to retire to in the United States
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To determine the best states to retire in, WalletHub compared the 50 states across 46 key indicators of retirement friendliness, from financial factors like tax rates and the cost of living to things like access to quality medical care and fun activities.
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There’s a reason Florida is known as a retirement paradise—it ranks as the best state for retirees due to its relatively low taxes, including no estate, inheritance, or income taxes.
Top 5 States to Retire (2025)
- Florida
- Minnesota
- Colorado
- Wyoming
- South Dakota
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