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These questions are compounded by location.
Here are the states where you need the most money for a 25-year retirement.
Also see states where you’re able to make $1 million or less last 20 years.
Using this data, the percentage of the population ages 65 and over was calculated.
The average single-family home value was sourced from Zillow Home Value Index for October 2024.
Using the average mortgage and average expenditure costs, the average cost of living was calculated.
The average Social Security benefits were sourced from the Social Security Administration for each state.
All data was collected on and is up to date as of Nov. 15, 2024.
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