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With more retirees responsible for their own financial security, choosing the right retirement destination can make all the difference. WalletHub compared the retirement-friendliness of all 50 states. Here are the spots that ranked the highest.

In retirement, just like in real estate, it’s “location, location, location.”

With more and more retirees responsible for their own financial security, choosing the right retirement destination can make or break any lazy-day fantasies.

To that end, WalletHub compared the retirement-friendliness of all 50 states using criteria such as cost of living, crime rate, tax-friendliness on pensions and Social Security income, number of health-care facilities, access to public transportation as well as the weather and proximity to golf courses and museums. This is retirement after all.

Some of the states that ranked the highest were no surprise — Florida snagged the top spot. Others, like South Dakota and Iowa, were less expected. Among the least desirable were high-tax states like New Jersey and Rhode Island.

Source: WalletHub

Here are the 10 best and worst places to retire, according to WalletHub. (And if you are thinking more outside the box, here are the world’s top 5 retirement destinations.)

Best States to Retire

Overall Rank (1=Best)
State
Total Score
Affordability’ Rank
Quality of Life’ Rank
Health Care’ Rank
1 Florida 66.79 1 5 20
2 Colorado 66.17 23 8 2
3 South Dakota 65.89 2 32 6
4 Iowa 62.46 26 11 9
5 Virginia 62.02 18 9 21
6 Wyoming 61.66 4 30 29
7 New Hampshire 61.51 29 14 4
8 Idaho 61.39 11 20 25
9 Utah 61.14 22 24 12
10 Arizona 60.67 21 21 17
Source: WalletHub

Worst States to Retire

Overall Rank (50=Worst)
State
Total Score
Affordability’ Rank
Quality of Life’ Rank
Health Care’ Rank
41 Alabama 50.55 3 48 48
42 Hawaii 50.31 49 36 3
43 New Mexico 49.76 39 42 35
44 Louisiana 49.15 17 41 46
45 West Virginia 48.29 16 43 49
46 Arkansas 46.89 20 50 45
47 Mississippi 46.28 10 49 50
48 Rhode Island 45.14 48 46 22
49 New Jersey 44.94 50 28 33
50 Kentucky 43.06 38 47 47
Source: WalletHub
Jessica Dickler | @jdickler

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