The best states for retirees on a fixed income, according to a new study from GOBankingRates.
The best states for retirees on a fixed income, according to a new study from GOBankingRates.
The study considered several factors important to retirees, including cost of living, health care and quality of life
When it comes to finding the best places to live on a fixed income, retirees should consider the cost of living and the quality of life.
In order to make the most of their retirement savings, retirees should consider moving to a state with a lower cost of living
Retirees should also consider the quality of life they can expect in their new state, including the climate, the availability of healthcare, and the state's tax laws
Retirees should also consider whether they want to live in an urban or rural area, as this can impact the cost of living and the quality of life
Those States are Mississippi, Arkansas, Louisiana, Tennessee, Alabama, West Virginia, South Dakota, Oklahoma, Kentucky and Indiana,
Mississippi, for example, has the lowest cost of living in the country, while Louisiana has some of the best health care facilities for seniors
Tennessee, meanwhile, is a great place to retire if you're looking for affordable housing and plenty of things to do