Report: New York ranks second worst state to retire to because who can afford to retire here?
By Brick Underground |July 10, 2019 - 1:00PM
A new survey of states to retire to by Bankrate.com found New York ranks dead last in affordability.
Many seniors tout NYC as an invigorating place to live, but it’s not everyone’s cup of tea. And neither is the state as a whole, and one new study says that New York is actually the second worst state to retire.
A new Bankrate.com report compared data for five categories: affordability, wellness, weather, culture, and crime and found that New York ranks dead last in affordability—the study’s most important metric—and 13th worst in weather. It fared well in culture (7th) and crime (tied for 11th with Massachusetts).
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