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While sunny Florida has always been ranked as the best place for seniors due to its warm temperatures and cheap home prices, according to one report, Alabama is actually the most financially friendly. New research by Stannah found that because of Alabama’s low property taxes, exemptions on Social Security and affordable assisted living care, it outranks all other states when it comes to the budget. Stannah, which manufactures and installs stairlifts for consumers, said it polled more than 2,000 senior citizens to find out which states were the most friendly to the elderly.
Read on here: https://www.foxbusiness.com/features/this-is-the-most-financially-friendly-state-for-seniors
By Jade Scipioni – Published February 09, 2019 / Retirement – FOX Business