BEST TO WORST STATES FOR MILITARY RETIREES

Dated: 05/24/2018

Views: 176

https://wallethub.com/edu/best-states-for-military-retirees/3915/ CLICK HERE.

DO YOU THINK YOU KNOW THE ANSWER'S TO THE BEST STATE'S TO RETIRE IN? FIND OUT WITH THE LINK ABOVE.

Retirement is typically viewed as the end of the line — a time for rest, relaxation and the pursuit of interests long ago put on the back burner. But the story is far different for military retirees who must deal with the trials of reassimilation into civilian life. For starters, the average officer is only 45 years old — 42 for nondisability enlisted personnel — upon retirement from service. Many of those who reenter the job market face tough challenges during the transition while others struggle with more difficult problems, suc as Posttraumatic Stress Disorder, disability and homelessness.

As such, military retirement can be a far more complicated issue than one might assume, given the extent to which state tax policies on military benefits vary, the relative friendliness of different job markets toward veterans, and other socioeconomic factors. This year, the military’s retirement system is also changing for new recruits and current personnel who opt in, going from a “defined benefit” to a “Blended Retirement System” that awards funds not just based on years served but also matches contributions to a “Thrift Savings Plan.”

With that in mind, WalletHub sought to help ease the burden on our nation’s military community by comparing the 50 states and the District of Columbia based on their ability to provide a comfortable military retirement. Our analysis uses a data set of 27 key metrics, ranging from veterans per capita to number of VA health facilities to job opportunities for veterans. Read on for our findings, commentary from a panel of researchers and a full description of our methodology.

Image title

Credit NAR



Image title

Want to Advertise on this Site?

Latest Blog Posts

What Do You Should Know About Home Inspection

10 Things Every Buyer Should Know About Home InspectionsCongratulations, your offer was accepted and you’re going to be a homeowner! After you’ve made all your phone calls to share the big

Read More

SOLANA RESORT OPEN HOUSE NEAR DISNEY

Solana Resort, near Disney World and Orlando, is a well established, exclusive gated community of holiday Mediterranean style homes that features a large clubhouse with all the facilities that you

Read More

Hurricane Season Is Here Are You Prepared

Hurricane season is here. Are you prepared? Protect the life you’ve built with flood insurance. The 2017 hurricane season was one of the most devastating and costly on

Read More

Sep 13 2018 48719 1

Helping Clients Who’ve Inherited a House September 12, 2018Buying and selling real estate can be an emotionally-charged venture, especially when it involves property that belonged to a

Read More