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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 ...
Here’s a list of how much residents of each state bring in each year on average, along with how each state (and Washington D.C.) ranks — with No. 1 being the highest average and No. 51 the lowest.
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 ...
For many Americans who count on Social Security as the foundation of retirement income, it’s next to impossible to make do. Social Security retirement benefits averaged $1,862 per month in 2024 ...
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 ...
How much do you need to retire comfortably? It's a question in the mind of every American saving for retirement. Unfortunately, there's not a one-size-fits-all answer. There are several rules of ...
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