Study: Hawaii Ranked One of the Best Places to Retire, Despite Low Affordability

A new report released by Bankrate has put Hawaii in the top ten states for retirement, according to Pacific Business News . Bankrate compiled its list based on criteria important to older adults and retirees, including affordability, safety and crime, culture, weather, and wellness. Hawaii had a poor affordability rating, but it was ranked first in the nation for weather and held top spots in wellness and culture. When put together, the rankings propelled the Aloha State to the No. 10 position. Many older adults are primarily concerned about access to quality, affordable healthcare, and Hawaii was recently found to have the No. 3 most expensive nursing communities in the country. The Bankrate study found that the best state to retire is Nebraska, primarily because of its high wellness and affordability scores. Maryland, meanwhile, was ranked the worst place to retire in the nation.