New York Ranked One of the Worst States For Military Retirees
Compared to all other states, New York is one of the worst for military retirees.
Retirement is typically viewed as the end of the line, time to slow down and relax. But, it's much different for military retirees who must deal with the trials of reassimilation into civilian life.
For starters, the average officer is only 45 years old, 42 for non-disability enlisted personnel. Many of those who reenter the job market face tough challenges during the transition, while others struggle with more difficult problems, like PTSD, Disability, and homelessness.
To help the troops plan their years after service, Wallethub compared the 50 states across 27 key indicators of retirement-friendliness toward veterans. They set ranges from job opportunities for veterans to housing affordability to quality of VA hospitals.
So where did New York Ranked? New York was ranked as the 6th worst state for military retirees. Here's the breakdown:
Military Retirement in New York:
- 51st - Veterans per Capita
- 31st - % of Homeless Veterans
- 32nd - Veteran Job Opportunities
- 48th - Housing Affordability
- 51st - % of Veteran-Owned Businesses
- 38th - Number of VA Benefits-Administration Facilities per Number of Veterans