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Heres how much you will need to have saved for retirement based on those numbers.
If youre planning a 20-year-long retirement, youd need around $681,000.
To enjoy a 25 or 30-year retirement, youll need $851,354 or $1,022,647, respectively.
Here are five reasons you need this much money to retire in North Carolina.
Keeping an organized budget in this category can help retirees maintain a balanced diet without overspending.
Take advantage of discounts and local markets to get the most out of your budget.
This means you could save on one of thebiggest retirement expenses.
Utilities are a monthly expense that can fluctuate with usage and seasonal changes.
While owning a car provides freedom, using it also means continuous expenses ongas and maintenance.
To save money, you’ve got the option to try carpooling and using public transit.
Should You Move Out of North Carolina To Retire?
Is it worth it for retirees to move out of North Carolina?
All data was collected and is current as of January 8, 2024.
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