One in five Americans is now older than 60, and U.S. citizens' life expectancy is 78.7 years, according to a new report from Blacktower Financial Management Group, which cited U.S. Census Bureau and World Bank statistics.
As more Americans live longer, thanks to improved health care, medicines and lifestyle changes, they are thinking about where they would like to spend their retirement years.
Blacktower ranked the 50 states according to their desirability for retirement, based on several criteria that are certain to influence people's decisions. The rankings are an updated version of the firm's 2019 study.
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Michael S. Fischer
Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.
