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In Palm Desert, California, the total annual cost-of-living expenses are the seventh-highest on the list at $67,489.41. In addition, retirees must pay taxes on their retirement income.
California also ranks second-highest in terms of overall cost of living with a cost-of-living (COL) index of 143. Read Next: 5 Southern States Where $750,000 in Retirement Savings Lasts Longest ...
Find: 3 Ways To Recession-Proof Your Retirement. California had the fourth highest cost-of-living (COL) index (134.5) in the first quarter of 2023, per the Missouri Economic Research and ...
Places with a high cost of living, high taxes and cold winters, for example, could influence retirees to move to warmer locations where they can stretch their retirement savings further and enjoy ...
San Diego % of population 65+: 13.8% Overall average rent: $2,274 1-bedroom average rent: $1,938 2-bedroom average rent: $2,429 Learn More: 10 Things the Middle Class Won’t Be Able To Afford in ...
Do you dream of retiring somewhere besides where you've lived most of your adult life? Whether you are seeking the sand and sunshine or heading to the mountains, you need to consider many factors ...
The increased cost of living is particularly challenging for seniors on a fixed budget or relying on retirement funds. High inflation costs have driven up food, gas, utility, and medical expenses.
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