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Minnesota makes top ten list of best states to retire

WalletHub examined key factors such as affordability, health-related issues and quality of life.

GOLDEN VALLEY, Minn. — If retirement is in your future, you may be looking for the perfect state to live in.

A new study from WalletHub resulted in a list of the top ten best states for retirees. 

WalletHub examined 46 key factors to determine retirement-friendliness. 

Overall, it examined factors such as affordability, health-related issues and quality of life.

RELATED: Want to retire early? Here’s the trick

Minnesota was ranked 43 in affordability. But, we got the top spot for health care and quality of life. 

In addition to the list, the study found that Arkansas has the lowest adjusted cost of living. 

On the other hand, Hawaii has the highest cost of living.... and the highest life expectancy. 

Experts say it is important to consider relocating to a state that allows retirees to keep more money in their pockets without requiring a drastic lifestyle change. 

Top 10 Best States to Retire:

1. Florida

2. South Dakota

3. Colorado

4. New Hampshire

5. Virginia

6. Utah

7. Iowa

8. Wyoming

9. Pennsylvania

10. Minnesota

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