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And were not just talking about retiree-heavy Florida.
1 with 11% of the total.
South Carolina was right on Floridas tail with 10%.
you might check out our full methodology at the bottom.
Weve also thrown in data for 15- and 20-year retirementsin order to live comfortably.
The average single family home value was sourced from the Zillow Home Value Index.
Using the average mortgage and expenditure costs, the total monthly and annual cost of living was calculated.
These costs were doubled to determine numbers for living comfortably and figured for 15-, 20- and 30-year periods.
An inflation rate of 2.53% was used (sourced from USInflationCalculator.com).
An expected annual rate of return of 10.52% was used (sourced from Vanguards How America Saves).
All data was collected on and is up to date as of September 16th, 2024.
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