California and New York are the worst places for retirees to live, due to rising costs, lack of healthcare options and limited choice of retirement communities, according to data from SmartAssetas reported by The Travel.
More specifically, older Americans are moving out of Los Angeles, San Diego and New York City “in droves,” the digital travel publication reported.
“For people hoping to retire in California, and even New York, hope is not all lost, and there are available services and activities that can help people remain in a state that they love … it may just involve looking outside of Los Angeles, San Diego and New York,” The Travel noted.
Iowa, Kansas and South Dakota were attractive to retirees because they have the most continuing care retirement / life plan communities per capita of any place in the United States, according to SmartAsset. Other hotspots for retirees include Delaware, New Hampshire, Indiana, Minnesota, Nebraska, Ohio, Pennsylvania and West Virginia — “all with a CCRC per 0.07–0.06% of the population,” The Travel reported.
Meanwhile, according to the 2023 LeadingAge Ziegler 200, the states with the largest numbers of not-for-profit life plan communities are Pennsylvania (96), Ohio (52), California (40), Minnesota (36), Illinois (35), Texas (32), Florida (31) and Iowa (26).
Almost a quarter of a million retirees have moved to Arizona and Florida this year to date, according to the SmartAsset data.
