As today is Memorial Day, a new report on "2025's Best & Worst States for Military Retirees" has been released.WalletHub compared the 50 states and the District of Columbia across 28 key indicators of retirement-friendliness toward veterans. The data set ranges from job opportunities for veterans to housing affordability to the quality of VA hospitals.“As military personnel retire, whether they've faced active combat or not, they may find it difficult to readjust to civilian life. Many retirees also face major struggles, including Post-traumatic Stress Disorder, disability, and homelessness, which are especially difficult to deal with during this period of economic difficulty,” according to the report.“These veterans must also consider how state tax policies on military benefits vary, along with the relative friendliness of different job markets and other socioeconomic factors, when choosing a state in which to settle down,” it adds.Rhode Island is ranked second worst in New England. The state ranks 47th in the U.S. for job opportunities for veterans, according to the report.The only good news is that in 2018, the state was ranked last in the United States. Rhode Island is home to approximately 5,300 military retirees.In order to help ease the burden on our nation’s military community, WalletHub compared the 50 states and the District of Columbia based on their ability to provide a comfortable military retirement, using a data set of 28 key metrics, ranging from veterans per capita to the number of VA health facilities to job opportunities for veterans.“Transitioning from military to civilian life isn’t easy, but the best states for military retirees make that adjustment as smooth as possible. In addition to providing the conditions necessary for our veterans to thrive financially, they also have ample resources for taking care of military retirees’ physical and mental health,” said Chip Lupo, WalletHub analyst.
CONTINUE READING