Nevada Ranks Poorly In "Best States To Retire" Survey

Tax Savings Undercut By Poor Health Care Ranking

Mitch Kelly
January 16, 2020 - 6:40 am

LAS VEGAS, NV (KXNT) - Nevada is often thought of as a retiree's paradise, thanks to a favorable tax structure and lower cost of living (at least compared with California). However, a new study says that choosing to retire in Nevada might not be the right move.

The financial website WalletHub has released its survey on the "Best States To Retire" and Nevada ranks a less than impressive 35th.

While the Silver State received high marks in the  "Taxpayer" (5th) and "Affordability" categories (8th), our overall score was dragged down by low rankings in the categories of "Quality of Life" (42nd) and "Health Care" (also 42nd).

WalletHub compared the 50 states across 47 key indicators of retirement-friendliness and found that Florida was the best state for retirees, followed by Colorado, New Hampshire, Utah and Wyoming.

The bottom five were West Virginia, New Jersey, Rhode Island, New Mexico and - in last place - Kentucky.

For a look at the full study, click here