With May being Military Appreciation Month and Memorial Day approaching, the personal-finance website WalletHub today released its report on 2023’s Best & Worst States for Military Retirees. To help our troops plan their years after service, 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 quality of VA hospitals.
Coming in at number 1 overall for military retirees is our state of Florida. Although not number one in any of these individual categories, a high enough ranking to put Florida on top.
Military Retirement in Florida (1=Best; 25=Avg.):
- 20th – Veterans per Capita
- 6th – Number of VA Health Facilities per Number of Veterans
- 8th – Veteran Job Opportunities
- 18th – % of Veteran-Owned Businesses
- 6th – Number of VA Benefits-Administration Facilities per Number of Veterans
Florida is near the top for Economic Environment for Military Retirees as well as high scores for Quality of Life.
Room for improvement here in the Sunshine State would be Health Care. Floridavets.org reports “The VA operates seven medical centers in Florida. They are located at Bay Pines, Gainesville, Lake City, Miami, Orlando, Tampa and West Palm Beach. The VA also operates approximately 50 Outpatient Clinics for health care and more than two dozen Vet Centers for counseling throughout the state.” Clinics include those here in Southwest Florida in Fort Myers and Naples.
According to MyArmyBenefits, “Florida offers special benefits for Service members, Veterans and their Families including homestead tax exemptions, state employment preferences, education and tuition assistance, vehicle tags, as well as hunting and fishing license privileges.”
Finally, where do all the other states stack up? Well, according to this study by WalletHub, military retirees may want to steer clear of the states on the West Coast.