Retire In Alaska – Here’s Why
Many Americans dream of retiring to the sunbelt, where they can live out their work-free years playing on sun-kissed golf courses and lounging pool-side. But analysis by the National Institute on Retirement Security reveals seniors might want to trade their Bermuda shorts for ear muffs.
Overwhelmingly, states in the upper Midwest are ranked the most financially secure for retirees. Wyoming, Minnesota, North Dakota and Iowa boast more generous benefits, more working opportunities and better-funded services for seniors than popular retirement destinations like Florida and Arizona.
Some state governments are stepping in where the federal government is failing to provide aid for financially insecure seniors, Rhee said. And in the coming years, retiring Americans are going to need all the help they can get.
“We’re screwed,” said Nari Rhee, research manager at the National Institute on Retirement Security. She was referring to the dual issue of a workers who want to maintain their standard of living when they retire, but who don’t have enough socked away in savings accounts.
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Category: Articles, Retirement Planning
