Good News

Washington ranked the second-best state for retirement

 

Seattle Agent Magazine | Patrick Regan

Washington is the second-best state for retirement, according to the Better Benefits Global Retirement Index.

The index measured several factors, including average retirement length and income, percentage of those 65 and older in the workforce and percentage of retiree households with retirement income.

Washington scored well “across most factors,” the study said, and it finished second to Delaware in the overall rankings. Washington’s average retirement length is 16 years (sixth among all states), the average retirement income is $31,605 (14th), and 64.4% (seventh) of retiree households have retirement income.

Read the full article here.

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