The worst ranked out of all states, these areas were marred by weak retirement savings, fewer job options for seniors, and lower life expectancies, reports Western & Southern Financial Group.
While the worst state in retirement readiness, West Virginia, had the highest senior homeownership rate at 85.6% and the lowest cost of living, retirees reported a median income of $55,300 and a low senior employment rate of 13.7%.
50. West Virginia
Overall Rank: 79.26
Retirement Funds and Benefits: 44
Earnings and Employment: 50
Homeownership: 1
Life Expectancy: 49
Cost of Living: 1
49. Mississippi
Overall Rank: 79.52
Retirement Funds and Benefits: 49
Earnings and Employment: 45
Homeownership: 8
Life Expectancy: 50
Cost of Living: 4
48. Arkansas
Overall Rank: 79.52
Retirement Funds and Benefits: 40
Earnings and Employment: 49
Homeownership:18
Life Expectancy: 44
Cost of Living: 6
47. Tennessee
Overall Rank: 79.69
Retirement Funds and Benefits: 48
Earnings and Employment: 43
Homeownership:14
Life Expectancy: 45
Cost of Living: 10
46. Arizona
Overall Rank: 80.50
Retirement Funds and Benefits: 38
Earnings and Employment: 40
Homeownership: 11
Life Expectancy: 33
Cost of Living: 36
45. Kentucky
Overall Rank: 80.84
Retirement Funds and Benefits: 30
Earnings and Employment: 48
Homeownership: 17
Life Expectancy: 46
Cost of Living: 17
44. Maine
Overall Rank: 81.02
Retirement Funds and Benefits: 45
Earnings and Employment: 26
Homeownership: 25
Life Expectancy: 28
Cost of Living: 38
43. Louisiana
Overall Rank: 81.14
Retirement Funds and Benefits: 47
Earnings and Employment: 31
Homeownership: 21
Life Expectancy: 47
Cost of Living: 14
42. Ohio
Overall Rank: 81.37
Retirement Funds and Benefits: 41
Earnings and Employment: 35
Homeownership: 31
Life Expectancy: 13
Cost of Living: 27
41. Wisconsin
Overall Rank: 81.57
Retirement Funds and Benefits: 24
Earnings and Employment: 47
Homeownership: 40
Life Expectancy: 13
Cost of Living: 27
40. Missouri
Overall Rank: 82.09
Retirement Funds and Benefits: 35
Earnings and Employment: 39
Homeownership: 29
Life Expectancy: 36
Cost of Living: 6
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