Metro-East News

June 1, 2014

By the numbers: WalletHub's best and worst states for military retirees

WalletHub, a personal finance website, recently ranked the 50 states and the District of Columbia for their desirability as places for military retirees to live:

Based on a wide range of differently weighted criteria, with a major focus on taxes and health care access, WalletHub ranked the five best places for military retirees as follows:

1.) Wyoming

2.) New Hampshire

3.) Montana

4.) South Dakota

5.) Nebraska

The lowest ranked:

47.) Illinois

48.) Arizona

49.) Indiana

50.) New York

51.) California

source: WalletHub

WalletHub used state rankings in three broad categories to determine its list of best and worst states for retirees. The categories: Economic environment; quality of life; and heath care.

Illinois earned 47th out of 51 places by placing No. 34 in economic environment; No. 50 in quality of life; and No. 24 in Health Care, according to the WalletHub ranking.

In contrast, WalletHub cited Wyoming as the top-ranked state for military retirees on the basis of its high rankings for economic environment (No. 4); quality of life (No. 3); and health care (No. 5).

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