Do you plan to "retire in place" and stay in your current area, or are you interested in retiring in a different state? In either case, you may want to consult an annual study by WalletHub if retirement is imminent.
The study ranked all 50 states using 41 statistical metrics that were weighted and grouped into three major categories important to retirees: affordability, quality of life, and healthcare. You may be surprised at some of the states in both the best and worst categories. Let's start with the top five.
1. Florida – You knew it had to be high on the list, didn't you? In terms of affordability, Florida came fourth, dropping from last year's second place. Florida also placed sixth in terms of quality of life, overcoming its 28th-ranked healthcare rating.
2. Colorado – Holding second place ove...