Interesting.
Hoping my fellow New Yorkers are financially prepared to retire – especially those without generous government provided pension checks. 64% of predicted retirees have but $10,000 in savings.
Interesting also that the top five most expensive states listed to retire in identify themselves as Progressive Democrats.
https://www.msn.com/en-us/money/reti...andhp#image=48
Hawaii
• Annual cost of living: $102,381.18
• Cost of living after using Social Security income: $86,075.34
• How much you need in savings to retire: $2,151,884
California
• Annual cost of living: $71,102.28
• Cost of living after using Social Security income: $54,796.44
• How much you need in savings to retire: $1,369,911
Oregon
• Annual cost of living: $69,678.20
• Cost of living after using Social Security income: $53,372.36
• How much you need in savings to retire: $1,334,309
New York
• Annual cost of living: $68,661.00
• Cost of living after using Social Security income: $52,355.16
• How much you need in savings to retire: $1,308,879
Massachusetts
• Annual cost of living: $66,270.58
• Cost of living after using Social Security income: $49,964.74
• How much you need in savings to retire: $1,249,119