3. Washington, D.C.
Even though the retirement population in Washington, D.C., is nothing to write home about, it’s clear the ones who do remain will face a tough road ahead of them. The cost of living and taxes are high, making it difficult for any retirees to fund a rewarding lifestyle without substantial savings to fall back on. Social Security payouts will be a welcome reprieve to those living on a tight budget in the nation’s capital.
Next: The fate of Vermont
