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GOBankingRates recently did a study to discover the minimum savings you need in every state to retire.
This was based on several variables including cost of living, Social Security income, healthcare and more.
Here are some key takeaways:
See what all is involved in your retirement costs in Florida.
Well, if only wishing made it so, everyone would have stacked retirement savings.
GOBankingRates found the average annual housing costs to be around $12,557.
Planning for these expenses is crucial to ensure you wont run out of money in retirement.
Outside of this, GOBankingRates found the average annual cost of housing to be $7,321.
GOBankingRates discovered that on average Floridians pay about $4,805 each year.
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