CT Ranked 34th-Best State to Retire in 2018, but #45 of 50 on AffordabilityJanuary 17, 2018
Connecticut is not an affordable place to retire, relative to other states, according to a new study from WalletHub.
WalletHub is out with its 2018 rankings for “Best & Worst States to Retire,” and Connecticut jumped up a few points this year.
After finishing 48th out of 51 (the 50 states plus D.C.) in 2017, Connecticut is 34th out of 50 this year.
However, Connecticut was ranked only 45th out of 50 in “Affordability.” WalletHub says they measure affordability based on several measures involving cost of living and tax-friendliness.
It’s clear that the state hasn’t made much progress on affordability in the last year, under the leadership of Gov. Dan Malloy (D-Conn.).
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