California ranked one of the worst places in US to retire, study says

California is one of the worst places in the country to retire, according to a new study.

RELATED: Californians are leaving the state at a rapid pace... and going to Idaho?

Blacktower Financial Management Group ranked every state in the U.S. based on several factors, including cost of living, crime, and life expectancy.

It says California is the third worst state to retire due to unaffordable housing prices, narrowly coming out ahead of Alaska and Hawaii in the last spots.

RELATED: Leaving California: Former residents tell us the good and the bad after they left the Golden State

When it comes to the best states to retire, Iowa, Minnesota and Vermont made the top three due to low housing costs and low crime rates.
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