10 best states for physician to retire

Florida is the best state to retire, according to personal finance site WalletHub’s 2025 ranking

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In a report released Jan. 27, WalletHub compared the 50 states across three dimensions: affordability, quality of life and healthcare. Analysts evaluated these dimensions using 46 metrics, ranging from adjusted cost of living to life expectancy.

Forty-one percent of physicians in their 50s indicated in Medscape’s “Physicians Eye Retirement” report that they plan to retire in their early 60s. 

The best states to retire, according to the analysis:

  1. Florida
  2. Minnesota 
  3. Colorado 
  4. Wyoming
  5. South Dakota
  6. Pennsylvania
  7. New Hampshire
  8. Delaware
  9. North Dakota
  10. Wisconsin
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