Editors' Pick: Originally published Jan. 26.
If you've put in your dues at your 9-to-5 job and are ready to retire, you might consider making the move to a more retirement-friendly state.
Plenty of states offer attractive communities and even job opportunities for people who are looking to spend their golden years at a slower -- though not necessarily less active -- pace.
Of course, money is always a factor and even in the most affordable areas in the country, retirees often cannot rely on Social Security or pension checks alone. Social Security, for instance, replaces only about 40% of the amount earned by an average worker, according to a report by WalletHub, citing the Center on Budget and Policy Priorities. WalletHub is an online financial resource for individuals and small businesses.
WalletHub's analysts compared the 50 states and the District of Columbia across 24 key metrics to help retirees find the best place to call home after leaving the full-time workforce. Among the factors WalletHub considered were affordability, health-related factors and overall quality of life.
WalletHub's data collection included these sources: the U.S. Census Bureau, the Federal Bureau of Investigation, the Missouri Economic Research and Information Center, the U.S. Bureau of Labor Statistics, the Retirement Living Information Center, Genworth Financial, the United Health Foundation, the County Health Rankings, Measure of America, the Centers for Disease Control and Prevention, the Centers for Medicare & Medicaid Services, Charity Navigator, Gallup Healthways and GolfLink.com.
Ready to retire? Here are the 10 best states to do it in.