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Cost of a comfortable retirement annually: $61,176. Read More: Retirement Savings — 4 Expenses Retirees Regret Keeping in Their Budgets, ... Maryland. Total expenditures: $67,240.
The final rule for retirement savings is the 80% rule, or saving enough to replace 80% of your pre-retirement income. So if you currently earn $100,000 per year, this rule says you’ll need ...
Hawaii Total expenditures: $74,461 20% comfort buffer: $18,615 Cost of a comfortable retirement annually: $93,076
Many retirees live on fixed incomes; so, when the cost of retirement increases, it can really rock their finances. ... Maryland. Total monthly costs in 2013 ... 2013 and using the Bureau of Labor ...
24. Retiring in Essex, Maryland. Retirement age population (65 and up): 6,701. Average mortgage cost: $1,662.23. ... to calculate the average expenditure cost in each city. By assuming a 10% ...
50. Worcester, Massachusetts. Total cost of expenditures: $270,447. Total cost of rent: $261,879. Total cost of living for retirement: $532,326. Read More: I’m a Luxury Travel Agent: 10 ...
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