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Is Iowa the Best State for Retirement in the US?

Iowa may be one of the best states for retirement in the US in 2024, but it certainly doesn’t come out at the top. Discover our detailed ranking to uncover the Best State for Retirement in the US in 2024.

Meanwhile, here are our statistics on The Hawkeye State:

Insider Monkey Score: 26    

IM Healthcare Rank: 18       

Cost of Living Index: 90.3   

Tax Friendliness: Tax Friendly

Is Iowa a good state for retirees? According to our IM study, it definitely is. Our list of best states to retire in the US in 2024 puts it at number two, due to the ideal balance it offers between cost of living, healthcare, and tax-friendliness. The cost of living in this state is 9.7% lower than the national average. Meanwhile, home prices in the state have been up 3.6% compared to last year. Yet, the median value of a home in the state is still quite affordable at $232,700.

For those wishing to rent, the median rent of a two-bedroom property in the state is a very affordable $1,000, notes Zillow. This implies Iowa is an affordable state to retire to, and living on your Social Security check is quite possible in this state. What makes the state even better is its tax-friendliness towards retirees. The tax-friendly state doesn’t tax retirement income for taxpayers aged 55 and above.

Iowa is also good in terms of healthcare. Retirees in the state receive high-quality healthcare in the state. Some of the best hospitals in Iowa are UI Health Care Medical Center on the University Campus, Audubon County Memorial Hospital, and UnityPoint Health – Iowa Methodist Medical Center. According to Seniorly, about 4 in 5 older adults own their homes. Affordable home prices are obviously one reason why there are more home-owners in the state.

That’s not all-the state of Iowa has more than 800 senior living options too. According to Senior Living, adult day care is pretty reasonable as well. The average cost of adult care in the state is $1,364 a month, and under the said amount, seniors can remain in supervised care during the day. Moreover, assisted living in the state costs an average $3,736 a month. This is lower than the average cost of assisted living in the US, which is an estimated $4,500 a month.

The state of Iowa also offers numerous recreational activities for seniors to enjoy their golden years. Home to state parks such as the Maquoketa Caves State Park and the Ledges State Park, retirees can explore scenic trails and caves, go picnicking, and even enjoy activities such as hiking. There are numerous golf courses available, plenty of museums and historical sites, and countless community festivals and fairs throughout the year.

For those contemplating a retirement to Iowa, it is one of the best states to retire on Social Security. Some of the best places within Iowa to retire on Social Security include Cedar Rapids, Sioux City, and Waterloo, to name a few. All in all, this state can be one of the best choices for seniors in their golden years.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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This prediction might not be bold at all:

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