Mississippi is know for its slow, southern pace of life, and a new study conducted by bankrate.com confirms the state is a great place for a retiree to settle.
Mississippi ranked as the No. 10 best state to retire, according to this report.
Bankrate looked at seven relevant features in the life of a retiree and used government and expert sources to compare states against one another.
The seven features were:
- Cost of living (20%)
- Taxes (20%)
- Health care quality (15%)
- Weather (15%)
- Crime (10%)
- Cultural vitality (10%)
- Well-being (10%)
They then weighted those rankings based on the importance by respondents to a 2017 Bankrate survey, which found that 47 percent of Americans would consider moving when they retire.
South Dakota, Utah and Idaho ranked No. 1, 2 and 3, respectively, and Florida was the only other southern state in the top 10 at No. 5.
Neighboring states Tennessee (No. 21), Alabama (No. 24), Arkansas (No. 46) and Louisiana (No. 47) ranked well below Mississippi in the report.
hottytoddy.com staff report
