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GOBankingRates then calculated how much savings you would need to retire comfortably for various retirement ages. All data was collected and is up to date as of Feb. 2, 2024. All data was ...
Michigan. Cost-of-living index: 92.3. Annual cost of living: $55,460. Annual expenditures after Social Security: $33,023. ... How much savings you need to retire: $2,212,084. Methodology: In order ...
1. West Virginia. Annual cost of living: $49,260.94 Cost of living after using Social Security income: $27,123.82 How much you need in savings to retire: $678,095.40 Find Out: 2 Things Empty ...
Specifically, for a comfortable retirement to age 85, you'll need $3,105,384. To reach this, GoBankingRates explained you'd need to "start saving $5,751 a month at age 20 or $7,394 a month at age ...
For example, if you work until age 70 instead of age 67, you might only need 8X your salary to retire — unless you plan to travel extensively or move to a place with a higher cost of living, in ...
Lucina Horton had knowledge of cheese-making, and the family began processing cheese in 1853, and by 1866 founded a cheese factory. George Horton worked on the farm, and when his father died in 1872, bought out his sisters and began farming the then 350-acre tract, which includes some of the acreage associated with the present homestead.
The Benjamin and Maria (Ogden) Drake Farm, also known as the Drake Farmstead, is a farmstead located at 927 North Drake Road in Kalamazoo, Michigan. It was listed on the National Register of Historic Places in 2012, [ 1 ] and as of 2021 is open to the public as the Drake Farmstead Park .
The Great Lakes State offers retirees below-average pricing and favorable tax treatment.