Considering Retirement in Texas? New Study Says the Lone Star State is Not a Good Choice

Texas is a big state full of a lot of people.  If you are a die-hard Texan, you were born here and you plan to die here, which means you will retire here. However, retirement in Texas may not be a great choice.  Here's why:

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Seniorly released a new study on the Best and Worst States to Retire.  Out of the 50 states, Texas ranked #43.  The study looked at 9 different metrics to determine which states were the best and the worst.

For the most part that puts Texas in the bottom as one of the worst states.  Here is why they found Texas one of the worst.

What are the 9 Metrics to Determine Where to Retire?

• Maximum personal income tax - Texas ranked #49
• Average temperature: Texas Ranked #3
• Population 65+: Texas Ranked #49
• Older adults with 3+ chronic conditions: Texas Ranked #29
• Average Social Security payment: Texas Ranked #45
• Doctors: Texas Ranked #20
• Cost of living index: Texas ranked #15
• Arts and recreation centers: Texas Ranked #34
• Long-term care spending: Texas Ranked #45

Here's why Texas is a Good Place to Retire

• Cost of Living is low
• No State Income Tax
• Culture
• Tons of Retirement Communities
• Texans Take Care of Other Texans
• It's Texas

Let's face it Texas is not Florida when it comes to retiring, that seems to be the go-to place to move and retire. However, not everyone will choose to leave this great state.  Many who live outside this state's lines, probably won't choose to move here to live out the rest of their lives.

It all depends on where you plant your roots.  As mentioned earlier, most Texans are born here and will die here, and don't care about moving somewhere else where retirement might be "better".

What is the Best State for Retirement in the U.S.?

According to the study., that would be Washington, D.C. The reasoning is the availability of doctors, long-term care spending through Medicaid, and recreational opportunities.  However,  the cost of living in D.C. isn't feasible for a lot of 65+ these days.