These 4 Neighboring States Out Rank Montana For This Life Goal

Every once in a while, we daydream about not having to work again. Many of us have worked since we were young teens and if you grew up on a farm, those early mornings started before you reached your teenage years.

Some of you may have grown up here, lived your whole life here, and loved every minute of it; when it comes to finally retiring, is Montana the ideal state to do it in?

It seems our surrounding states hold better odds for retirement, but Montana is not too far down the line.

Montana is ranked 15th in the United States as the best state to retire. Surrounded by four other states in the top 10, we fall just a bit lower on the list.

There are two main factors that go into determining which states are better than others.

1. Adjusted cost of living
2. The annual cost of in-home services

For us currently living in Montana, we know the cost of everything has increased dramatically. From groceries, home prices, and everyday essentials, we see the price increase every time we take out our debit/credit cards to pay for something.

If you had plans of moving to Montana and retiring in the beautiful mountains, you may want to take a peek at our neighboring states as well before you sell all of your belongings and head to the "Last Best Place".

cc: WalletHub