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Thread: How much in savings do you need to retire in the following states

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  1. #1
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    How much in savings do you need to retire in the following states

    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
    Last edited by Lee Chowaniec; January 23rd, 2020 at 01:57 AM.

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