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Alabama. Total expenditures: $50,980. 20% comfort buffer: $10,196. Cost of a comfortable retirement annually: $61,176. See More: 7 Things You’ll Be Happy You Downgraded in Retirement Read Next ...
Here’s a look at seven states where a comfortable retirement will cost less than $62,000 annually. Also see three states where you’ll need $100,000 per year to retire comfortably .
Next, the annual retirement income needed to cover these living expenses was calculated, with an additional 20% to account for the “comfortable” aspect of retirement. ... 3 States Where a ...
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 ...
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 ...
Hawaii Total expenditures: $74,461 20% comfort buffer: $18,615 Cost of a comfortable retirement annually: $93,076
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