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W W W. M A I N E B I Z . B I Z 11 JA N UA R Y 2 7 , 2 0 2 5 F O C U S W E A LT H M A N A G E M E N T / R E T I R E M E N T All in on Maine. INTRODUCING THE NEWLY COMBINED MAINE COMMUNITY BANK Our bank is defined by Maine—where we are, who we serve, and our mission. This singular focus has made us the largest mutual savings bank operating solely in our state. For us, community banking means helping Maine families, businesses, and communities reach their financial goals—and today, we can offer more than ever. Learn more at maine.bank. HOW MAINE STACKS UP In 2025, a record 4.2 million Americans will turn 65 and they are facing unprecedented challenges. Some 3 out of 5 of Americans are worried they will not have enough money in retirement. Medicare and Medicaid costs continue to grow and there is a looming senior housing crisis. At the same time, people are also living longer. A 65-year-old can expect to live another 19.9 years. The website Seniorly released a study on the Best and Worst States to Retire in 2025 and Maine ranked No. 10, based on metrics of affordability, health care and lifestyle. The rankings draw on data from the Social Security Administration, Bureau of Labor Statistics, the U.S. Census Bureau and the Tax Foundation. Centers for Medicare and Mediaid Services and the Health Resources and Services Administration. S O U R C E : Seniorly.com # 1 POPULATION 65 OR OLDER: 22.9% # 9 OLDER ADULTS WITH 3-PLUS CHRONIC CONDITIONS: 52% # 41 MAXIMUM PERSONAL INCOME TAX: 7.15% # 15 ARTS AND RECREATION CENTERS: 346 per 100,000 older adults # 42 COST OF LIVING INDEX: 113.5 # 12 LONG-TERM CARE SPENDING: $4,310 per older adult # 41 AVERAGE SOCIAL SECURITY PAYMENT: $638 # 34 DOCTORS: 163 per 10K older adults # 44 AVERAGE TEMPERATURE: 45.5°F

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