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The best and worst states for rich retirees

GOBankingRates Logo By Joel Anderson of GOBankingRates | Slide 1 of 52: You’ve worked hard your whole life, building up a substantial nest egg so you can live comfortably in retirement. However, if you live in a state where expenses are high, you could quickly see that retirement account you spent your career padding disappear.That’s why GOBankingRates conducted a study to find which states are the best suited for retiring rich. Collecting 10 different data points across four categories — taxes, living expenses, banking, healthcare and Social Security — the study ranked every state on how well it suits retirees.Click through to see the best and worst states to retire rich, starting with the worst.

The best and worst states for rich retirees

You’ve worked hard your whole life, building up a substantial nest egg so you can live comfortably in retirement. However, if you live in a state where expenses are high, you could quickly see that retirement account you spent your career padding disappear.

That’s why GOBankingRates conducted a study to find which states are the best suited for retiring rich. Collecting 10 different data points across four categories — taxes, living expenses, banking, healthcare and Social Security — the study ranked every state on how well it suits retirees.

Click through to see the best and worst states to retire rich, starting with the worst.

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