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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 ...
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 ...
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
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 ...
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 ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
Wyoming. Annual cost of a comfortable retirement: $61,127. retirement savings needed at 60: $1,222,532. Retirement savings needed at 70: $611,266 John Csiszar contributed to the reporting for this ...
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.
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