Sunday 24 July 2016

10 popular states for military retirees

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Where are veterans choosing to spend their golden years? Here are 10 popular choices. (Photo: iStock)
Where are veterans choosing to spend their golden years? Here are 10 popular choices. (Photo: iStock)

Veterans have a variety of factors to consider when choosing where they want to retire, including access to quality VA hospitals and doctors, lifestyle factors and proximity to family.


A recent study by WalletHub examined a variety of data to rank each state in terms of its friendliness for military retirees. But are veterans actually choosing those states for their retirement?




There are about 10 million veterans aged 65 and older living in the United States, according to the National Center for Veterans Analysis and Statistics. Not suprisingly, those veterans tend to retire in the same locations that most of the rest of the country’s retirees choose to spend their golden years.


Following is a list of the 10 states many veterans over age 65 call home.








Fort Pulaski


Fort Pulaski National Monument, Georgia (Photo: iStock)


10. Georgia


Total veterans: 752,882


Veterans age 65+: 282,271


Percentage of all veterans age 65+ living in Georgia: 2.87 percent


Total adult population: 7.7 million


Percentage of adult population made up of veterans age 65+: 3.66 percent


See also: 10 things veterans should know about retirement benefits








Kings Mountain National Memorial


Kings Mountain National Military Park, North Carolina (Photo: iStock)


9. North Carolina


Total veterans: 775,020


Veterans age 65+: 316,095


Percentage of veterans age 65+ living in North Carolina: 3.21 percent


Total adult population: 7.8 million


Percentage of adult population made up of veterans age 65+: 4.08 percent








Fort Makinac


Cannon and watchtower in Fort Mackinac, Michigan. (Photo: iStock)


8. Michigan


Total veterans: 658,469


Veterans age 65+: 327,069


Percentage of all veterans age 65+ living in Michigan: 3.32 percent


Total adult population: 7.7 million


Percentage of adult population made up of veterans age 65+: 4.24 percent


See also: Survey: Military families boosting savings, cutting spending








Naval Station Great Lakes


Naval Station Great Lakes, Illinois (Photo: U.S. Navy)


7. Illinois


Total veterans: 721,575


Veterans age 65+: 347,572


Percentage of all veterans age 65+ living in Illinois: 3.53 percent


Total adult population: 9.9 million


Percentage of adult population made up of veterans age 65+: 3.51 percent








Sidney, Ohio


American flags around an Operation Desert Storm memorial in Sidney, Ohio. (Photo: iStock)


6. Ohio


Total veterans: 866,481


Veterans age 65+: 404,620


Percentage of all veterans age 65+ living in Ohio: 4.11 percent


Total adult population: 9 million


Percentage of adult population made up of veterans age 65+: 4.5 percent


See also: An expanding army: Permanent life insurance coverage in military








Fleet Week New York


Fleet Week In New York City. (Photo: iStock)


5. New York


Total veterans: 892,221


Veterans age 65+: 456,591


Percentage of all veterans age 65+ living in New York: 4.64 percent


Total adult population: 15.6 million


Percentage of adult population made up of veterans age 65+: 2.93 percent








Gettysburg


Artillery battery at Gettysburg, Pennsylvania (Photo: iStock)


4. Pennsylvania


Total veterans: 939,069


Veterans age 65+: 478,256


Percentage of all veterans age 65+ living in Pennsylvania: 4.86 percent


Total adult population: 10.1 million


Percentage of adult population made up of veterans age 65+: 4.73 percent


See also: Career military worried about changes to new retirement plan








Marine Corps Band in Texas


The United State Marine Corps Band marching past the landmard Red Courthouse Museum in the annual State Fair of Texas parade, through downtown Dallas. (Photo: iStock)


3. Texas


Total veterans: 1,680,418


Veterans age 65+: 663,270


Percentage of all veterans age 65+ living in Texas: 6.74 percent


Total adult population: 20.3 million


Percentage of adult population made up of veterans age 65+: 3.27 percent








Blue Angels, Florida


US Navy Blue Angels flying in formation during the Blue Angels Homecoming Air Show in Pensacola, Florida. (Photo: iStock)


2. Florida


Total veterans: 1,583,697


Veterans age 65+: 793,907


Percentage of all veterans age 65+ living in Florida: 8.06 percent


Total adult population: 16.2 million


Percentage of adult population made up of veterans age 65+: 4.91 percent


See also: Service members outshining civilians in tracking family finances








San Diego


The sculpture of unconditional surrender at San Diego Midway historical museum in California. (Photo: iStock)


1. California


Total veterans: 1,851,470


Veterans age 65+: 881,157


Percentage of all veterans age 65+ living in California: 8.95 percent


Total adult population: 30 million


Percentage of adult population made up of veterans age 65+: 2.93 percent


 


See also:


Top 10 ways military families plan to spend tax refunds in 2016


Best and worst states for military retirees [infographic]


Veterans hide war injuries from companies in civilian jobs


 


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10 popular states for military retirees

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