close

Sign Up

For the latest Connecticut news, straight to your inbox.

View Privacy Policy

CT Ranked 34th-Best State to Retire in 2018, but #45 of 50 on Affordability

January 17, 2018 By Staff
CT Ranked 34th-Best State to Retire in 2018, but #45 of 50 on Affordability

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.

Source: WalletHub

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.).