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Alaska. Mean retirement income: $42,676. Ranking among 50 states + DC: 2. Explore More: Social Security — 40 States Where You’ll Feel the Biggest Increase This Year
Average retirement income varies widely across the U.S. In the state with the highest-income retirees, the average retired household brings in more than twice as much in the state with the lowest ...
Best and Worst Place To Retire: Michigan. Best city: Ludington. Average income of households with retirement income: ... the average retirement income was scored and weighted at 1.00, the monthly ...
GOBankingRates used the 2022 American Community Survey to find the mean (average) retirement income in every state. All data was collected and is up to date as of April 4, 2024.
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 ...
Michigan has an estimated per capita income of $27,549 and median household income of $50,803 [1] Michigan counties by per capita income Note: Data is from the 2010 ...
Average retirement savings, not surprisingly, rise with age. The average balance for those 45 to 52 is $179,200, rising to $256,244 for those 55 to 64 and $279,997 for those already retired.
Here's the rub, though: Actual retirees were among the survey respondents, and they said that on average, their monthly income was $4,170 -- or about $50,000 annually -- and that includes Social ...