Revealed: The most affordable state for retirement in 2024

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Revealed: The most affordable state for retirement in 2024

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West Virginia has been named as the cheapest state for retirement for the second year in a row. That is according to an annual retirement report from Bankrate. The report ranks each state according to affordability, healthcare quality, weather and the well-being of its residents. The small state of West Virginia, situated in the tree-covered Appalachian Mountains, has a low cost of living, low property taxes and affordable homeowners insurance, it found.
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