Five Factors to Consider When Deciding Where to Live During Retirement

The financial services company Bankrate recently released its lists of the best and worst states for retirement. And once again West Virginia was named the most affordable for retirement because of its low cost of living, low property taxes, and affordable homeowners insurance.

CNBC Make It points out that there are a couple of other important factors you should take into consideration when deciding where to live during retirement that could impact your quality of life such as the availability of entertainment and other community activities as well as accessibility of hospitals and healthcare services. The article cautions you to think twice if your ideal retirement home is an hour away from the closest hospital and you would need to be helicoptered or transferred in a medical emergency.

The Seniors Trust is committed to improving the financial well-being of America’s retirees through the passage of The Social Security Expansion Act. It will give retirees an immediate benefits increase of about $200 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and will ensure the long-term solvency of the Social Security program.