When it’s time to retire, many people consider relocating in order to achieve a higher quality of life. Factors like housing costs, crime rate, and available entertainment are all important to consider, and our friends at WalletHub.com recently named Utah as one of the best places in the nation for retirement. Check it out:
According to WalletHub.com, Utah is ranked number four in the nation for best states to retire in 2020.
Erik Isakson/Getty Images The website considered many factors in three categories when making its rankings, including affordability, quality of life, and healthcare.
The Beehive State is home to around 3.161 million people, and according to the Kem C. Gardner Policy Institute at the University of Utah, about 1 in 10 of those residents is age 65 or older.
DenisTangneyJr/iStock/via Getty Images Southern Utah is a particularly popular place for Utah’s retirees. Communities like St. George and Ivins continue to draw new residents who enjoy the warm climate and extensive recreation opportunities.
Taxes are a pain for Utahns of all ages, but they can hit retirees even harder in some states. When considering affordability, tax-friendliness was one of the factors considered in this study.
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Another factor of affordability is the cost of in-home healthcare, which is a necessity for many seniors. WalletHub also considered the cost of adult day care in its affordability category.
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Quality of Life is a big factor when it comes to deciding where to retire.
Edmund Lowe Photography/Moment Collection/via Getty Images Seniors in Utah enjoy a fairly mild climate, access to lots of beautiful outdoor spaces, museums, theaters, and other entertainment, and numerous volunteer opportunities. The risk of social isolation is lower in Utah than in many other states in the nation.
Surprisingly, one of the factors for an enjoyable retirement is the ability to work! Many seniors continue to work full-time, either out of necessity or from pure enjoyment.
Thomas Barwick/Stone Collection/Getty Image In Utah, one in five people who are retirement age are currently still employed full-time, which shows that there’s plenty of availability for work here in Utah, even for those well into their golden years.
Retirees can also be targets of crime, and WalletHub considered each state’s crime rate when considering its ranking.
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Healthcare is an important factor when considering where to retire, and Utah scores well in this category, too.
Dixie Regional Medical Center/Google WalletHub considered factors like the number of physicians, nurses, and pharmacists per capita, the quality of public hospitals, and the life expectancy rate in each state.
The number of seniors who are physically active is another factor. Utahns are active and healthy in general, and our retirees are no exception! In addition to health and fitness benefits, people who are active also report feeling less isolated than those who are more sedentary.
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Learn more about how WalletHub.com reached its rankings here. Do you plan to stay here in Utah when you retire? Tell us in the comments!
Erik Isakson/Getty Images
The website considered many factors in three categories when making its rankings, including affordability, quality of life, and healthcare.
DenisTangneyJr/iStock/via Getty Images
Southern Utah is a particularly popular place for Utah’s retirees. Communities like St. George and Ivins continue to draw new residents who enjoy the warm climate and extensive recreation opportunities.
Constantine Johnny/Moment Collection/Getty Images
Shestock/Getty Images
Edmund Lowe Photography/Moment Collection/via Getty Images
Seniors in Utah enjoy a fairly mild climate, access to lots of beautiful outdoor spaces, museums, theaters, and other entertainment, and numerous volunteer opportunities. The risk of social isolation is lower in Utah than in many other states in the nation.
Thomas Barwick/Stone Collection/Getty Image
In Utah, one in five people who are retirement age are currently still employed full-time, which shows that there’s plenty of availability for work here in Utah, even for those well into their golden years.
Whiteway/E+ Collection/Getty Images
Dixie Regional Medical Center/Google
WalletHub considered factors like the number of physicians, nurses, and pharmacists per capita, the quality of public hospitals, and the life expectancy rate in each state.
Steve Smith/Getty Images
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