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West Virginia. Annual cost of a comfortable living: $66,745 Cost of 20 years of comfortable retirement with Social Security: $434,501 Cost of 20 years of comfortable retirement without Social ...
Colorado. Mean retirement income: $36,606. Ranking among 50 states + DC: 7. Find Out: 8 Must-Have Target Items To Buy While on a Retirement Budget
To pinpoint the average retirement income you would need to live comfortably throughout the U.S., GOBankingRates looked at five factors in all 50 states: an individual’s spending on groceries ...
West Virginia. Household median income: $55,217 Mortgage monthly average cost: $1,000.38 Expenditure monthly average cost: $1,821.93 Total cost of living monthly: $2,822.31 Comfortable cost of ...
Wyoming. Annual cost of a comfortable living: $92,488 Cost of 25 years of comfortable retirement with Social Security: $1,186,706 How much you need to save monthly if you start at 25: $2,472 ...
Note that Washington, D.C., has the highest mean retirement income among retirees at $49,072, though you’d need more than twice that amount — $100,326 — to afford a comfortable retirement.
Retirement Income Varies Widely By State. The average household retirement income in the United States is $27,617, according to an analysis by Wisevoter of data from the U.S. Census Bureau’s ...
A "comfortable" retirement means different things to different people, depending on factors like preferred lifestyle and individual health needs. But as a general rule, retiring comfortably means...