The National Institute on Retirement Security (NIRS) has ranked Wyoming as the best state for future retirees. The NIRS report released Tuesday looks at the economic prospects for retirees across the United States. In a news release, Governor Matt Mead said this positive ranking recognizes Wyoming’s conservative and forward-thinking culture and the work of both the private sector and government leaders over the years. He notes that the state, which scored a 9 out of 10, can still do better.

The report focuses on: potential retirement income, major retiree costs and labor market conditions for older workers. Wyoming scored near the top in every category and received the top ranking overall.