Virginia Named Among The Top 10 Best Places In The US To Retire

Life in Virginia is lovely, isn’t it? Those who live here think so, and it turns out the rest of the country might also agree. A recent publication by WalletHub outlines the best places in the country to retire. Listed as number seven in the list, Virginia stands out for offering a high quality of life. If you’ve lived in the Old Dominion for any amount of time, you’re well aware of its benefits: diverse scenery, delicious food, historical attractions, and impressive cultural appeal. For those who are looking for a comfortable place to retire, Virginia just might be the perfect candidate.
Retirement can mean many different things. Whether you’re finishing a career, beginning a new one, or simply feel like starting a new chapter in your life, you’ll find that Virginia is a beautiful place to be.

Retirement might be the end of your career, but it doesn’t have to be the end of financial security or life satisfaction. Retirement generally coincides with the age at which we may receive Social Security or pension benefits. However, not everyone can retire when they want to. 26 percent of non-retired adults haven’t saved any money for retirement, though not necessarily through any fault of their own.

But in addition to when to retire, a good question to ask is where. Finding the best states to retire can be difficult without doing lots of research. Even in the most affordable areas of the U.S., most retirees cannot rely on Social Security or pension checks alone to cover all of their living expenses. Social Security benefits increase with local inflation, but they replace only about 39 percent of the average worker’s earnings.

If retirement is still a big question mark for you because of finances, consider relocating to a state that lets you keep more money in your pocket without requiring a drastic lifestyle change. To determine the best states to retire, WalletHub compared the 50 states across 47 key indicators of retirement-friendliness. Our analysis examines affordability, health-related factors and overall quality of life. Read on for our findings, insight from a panel of experts and a full description of our methodology.

Retirement might be the end of your career, but it doesn’t have to be the end of financial security or life satisfaction. Retirement generally coincides with the age at which we may receive Social Security or pension benefits. However, not everyone can retire when they want to. 26 percent of non-retired adults haven’t saved any money for retirement, though not necessarily through any fault of their own.

But in addition to when to retire, a good question to ask is where. Finding the best states to retire can be difficult without doing lots of research. Even in the most affordable areas of the U.S., most retirees cannot rely on Social Security or pension checks alone to cover all of their living expenses. Social Security benefits increase with local inflation, but they replace only about 39 percent of the average worker’s earnings.

If retirement is still a big question mark for you because of finances, consider relocating to a state that lets you keep more money in your pocket without requiring a drastic lifestyle change. To determine the best states to retire, WalletHub compared the 50 states across 47 key indicators of retirement-friendliness. Their analysis examines affordability, health-related factors and overall quality of life.

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