Retiring in Florida is an American tradition, but there’s no shortage of places to spend your golden years.
Georgia was named the best state to retire in 2021 by a Bankrate study, because it has a lot of the same qualities as Florida but at a more affordable price, according to Jeff Ostrowski, an analyst at Bankrate.com.
The study ranked states using five categories: affordability, wellness, crime, weather and culture.
Check out this video to learn more about how the rankings work and which other states may be a good option for retirees.
More from Invest in You:
Here are the three worst states for retirement in 2021
How much you can expect to get from Social Security if you make $40,000 a year
The real ‘Catch Me If You Can’ con artist says this classic scam is making a comeback
SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox.
Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.
