Study: South Dakota Best State For Retirees

South Dakota

Although Florida has some of the most popular spots for retirees, South Dakota has been dubbed the best state for people who are retired, according to a study done by Bankrate.com.

The study focused on a number of factors including local weather, cost of living, crime rate, health care quality, tax burden and well-being — a measurement from the Gallup-Healthways Well-Being Index that quantifies how satisfied residents are with their surroundings.

South Dakota came out as best due to its low tax burden, low crime rate and high wellness score. Other states that made the top five list include Colorado, Utah, North Dakota and Wyoming.

The five states that ranked the lowest for retirement are New York, West Virginia, Alaska, Arkansas and surprisingly, Hawaii.

The full list can be seen here.

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