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We may think this money would serve us throughout ourretirement even if we live to be over 100.
Tack on Social Security benefits and yowsers, that could be one luxurious retirement, right?
But heres the reality.
Its just a matter of when.
Where you live plays a key role in how far your money will go.
Hawaii
49.
California
48.
Massachusetts
47.
Washington
46.
New Jersey
45.
Colorado
44.
New Hampshire
43.
Utah
42.
Oregon
41.
Rhode Island
40.
Alaska
39.
New York
38.
Connecticut
37.
Nevada
36.
Idaho
35.
Montana
34.
Maryland
33.
Arizona
32.
Maine
31.
Vermont
30.
Florida
29.
Virginia
28.
Delaware
27.
Wyoming
26.
Minnesota
25.
North Carolina
24.
Georgia
23.
Wisconsin
22.
Texas
21.
South Dakota
20.
New Mexico
19.
South Carolina
18.
Tennessee
17.
Illinois
16.
North Dakota
15.
Pennsylvania
14.
Nebraska
13.
Indiana
12.
Michigan
11.
Missouri
10.
Ohio
9.
Kansas
8.
Iowa
7.
Alabama
6.
Kentucky
5.
Oklahoma
4.
Louisiana
3.
Arkansas
2.
Mississippi
1.
Using this data the percentage of the population ages 65 and over can be calculated.
The average single family home value from November 2024 was sourced from Zillow Home Value Index for each state.
Using this figure we can calculate the annual cost of living after Social Security benefits.
The data was collected on and is up to date as of Jan. 6, 2024.
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