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Kansas. Cost-of-living index: 86.7 Annual cost of living: $52,095 Annual expenditures after Social Security: $29,658 How much savings you need to retire: $741,455 Find Out: Here’s How Much You ...
Here’s what you should plan on saving by the time you reach age 50: Retirement savings goal: $661,524. Emergency ... Plus, you can still take advantage of the employer match, if it’s offered. ...
How much you need in savings to retire: $790,840.50. Check Out: America’s 50 Most Expensive Retirement Towns. ... $35,102.70. How much you need in savings to retire: $877,567.50 ©Shutterstock.com.
The official retirement age for Social Security is 67 for those born in 1960 or later, so retiring at 70 instead of 67 or 65 can go a long way toward boosting your retirement nest egg.
Saving for retirement is easy to preach but not always simple enough to practice. ... you should target about $240,000 in savings by age 40 and $480,000 by age 50.
If you're planning to work until you're 70 years old, you won't need quite as much saved up when you're 50. If you'd like to retire in your early 60s, you'll need a little more than most others would.
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