By Rebecca Ayers – Digital reporter, Dallas
Business Journal Jul 12, 2019, 3:57pm
EDT
In just a
couple of decades, the retirement age community will outnumber children for the
first time in U.S. history, according to the U.S. Census Bureau. That means a
growing demographic will be seeking out the best place to settle down in the
next chapter of their life.
Texas
ranks within the top 15 states for the best weather and wellness for retirees,
but as the worst state for culture and 13th worst for crime. These statistics
give Texas a No.17 ranking as the best state to retire in the country, according to a study conducted by Bankrate.
Nebraska
topped the list as the best state to retire in, while Iowa, Missouri, South
Dakota and Florida follow close behind, according to the Bankrate study. Take a
look at the top 20 states to retire in the gallery at the top of this
story.
Bankrate
Data Analyst Adrian Garcia,
who worked on the study, said he found it surprising that Nebraska topped the
list, since usually states like Florida and Arizona are thought of as ideal
states for retirement, but that the heartland of America typically isn’t
considered.
“I think
this study encourages people to give a second look at this country when it
comes to retirement,” he said.
Bankrate
examined affordability, crime, culture, weather and wellness when weighing what
options retirement-age residents found most important for living conditions.
Affordability and wellness had the heaviest weight, 40 percent and 25 percent
respectively. On the flip side, weather and culture had a weight of 15 percent,
and crime had a 5 percent weight in the overall ranking. Bankrate looked at a
total of 11 public and private datasets related to the lives of retirees.
Although
Texas ranked closer to mid-tier in the study as the best place to retire, it
did fare better than its neighbors, Garcia pointed out. For instance, Louisiana
and New Mexico ranked no. 36 and 37 respectively.
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