A new WalletHub study compares all 50 states to identify where retirees may find the most favorable balance of affordability and quality of life — with Wyoming taking the top spot.

The analysis highlights wide disparities between states, with some offering budgets that stretch much further than others.

Following closely behind Wyoming were Florida, South Dakota, Colorado and Minnesota.

According to WalletHub, the best states tend to combine low taxes with manageable costs of living and strong support systems for older adults.

“Retirement is supposed to be relaxing, but it can also be incredibly stressful given that it details ⇒

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