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There are so many above-average costs in California that when you add it all up, Social Security may not be as much of a cushion as you hoped it would be in retirement. Even outside of income tax ...
Alabama. Total Monthly Costs: $3,006 Average Monthly Mortgage: $1,275 Average Monthly Expenditures: $1,732 Read More: 8 Things You Must Buy at Aldi While on a Retirement Budget Check Out: 7 Bills ...
The post What Is the Average Monthly Retirement Income in Every State? appeared first on SmartReads by SmartAsset. ... the averages range from a low of $20,542 in Indiana to a high of $43,080 in ...
And even if your retirement income does include some money from other sources, is the final tally enough to retire the way you want to? What the average American retiree makes. Americans 65 years ...
According to the Bureau of Labor Statistics (BLS), the average income of someone 65 and older in 2021 was $55,335, and the average expenses were $52,141, or $4,345 per month.
Retiring in California means retirees may expect the following cost-of-living increases in their overall budgets: Paying 8.2% more for restaurants Paying 3.6% more for groceries