Oklahoma
With a population of 3.9 million, Oklahoma offers a good quality of life for many retirees. Nichols Hills is a great choice. The living costs are 16 percent lower than the national average, so retirement funds will likely go a long way. They do not tax Social Security and up to $10,000 of retirement income can be excluded. Unfortunately, the state is the third-worst when it comes to senior health because of high rates of physical inactivity and smoking, and the options for geriatric care and good nursing homes are limited as well.
West Virginia
The second-best for retirement, West Virginia has a cost of living that is 17 percent below the U.S. average. The Mountain State also offers great sceneries, impressive resorts, and a rich history. Nichel.com reports that Lewisburg is the best choice for retirement. However, the state is not very tax-friendly according to Kiplinger. Fiscal soundness is less than ideal as well. Senior healthcare should also be improved.