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The wealthiest state for average retirement savings is Connecticut, at $545,754, with Alaska and Vermont following closely at $503,822 and $494,569, respectively.
Assuming a retirement savings of $1.5 million as well as the cost-of-living data, the drawdown time was calculated for each state. The data was collected on and is up to date as of Jan. 8, 2024 ...
That’s because the cost of living varies from state to state. In some places, you can get by on a small nest egg. In others, even $2 million won’t be enough.
If you're considering a move to a new state, ... Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Business; Entertainment;
Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. ... Read More: How Long $1 Million in Retirement Will Last in Every State. Art Wager / Getty Images. Florida.
50. Hawaii Annual Expenditure: $85,243 $100,000 Will Last: 1 year, 2 months, 3 days To say that Hawaii is the most expensive state to live in is something of an understatement: Hawaiians pay over ...