A State by State Comparison of When Folks Retire
When to retire? It's the days we all work for and look forward to. Smart Asset looked at the average age seniors retiring in each state across the nation.
The group went to the US Census Bureau data on the labor force, over a 5 year period to determine the average age of retirements. The surveyors search the data from both national and the state level.
The average age for most states was 63. The states with the youngest retirement age were in the states of West Virginia, Kentucky, South Carolina and Georgia. The states with the longest aged workers were in Massachusetts, Connecticut, Vermont and New Hampshire.
Here's a look at the Midwest states-
- North Dakota 63
- Minnesota 63
- Iowa 64
- Montana 63
- South Dakota 63
The golden day of retirement. Nothing but fishing and riding the motorcycle and playing with the grandkids. I guess that's what you do when you retire.
Gives you something to look forward to.