Hawaii might be the ideal retirement destination for many people, and South Dakota was named the best state to retire in by Bankrate last year. But the Aloha State and the Mount Rushmore State are among three states with the second-highest average retirement age in the nation.
Those states are:
- South Dakota
Incidentally, Hawaii and Massachusetts have the highest and fifth-highest cost of living, respectively, according to the MERIC ranking. South Dakota, however, ranks in the middle of the pack among U.S. states based on its cost of living.