It’s hard to make it through the day without hearing about the huge amount of money you need to make ends meet in retirement. However, you should find out how much you need to retire in your state.
According to a recent GOBankingRates study, four states — Mississippi, Arkansas, Oklahoma and Michigan — require less than $1 million to retire. And, you can retire in another 22 states with under $1.1 million. Keep in mind those figures don’t include income from Social Security, so the amount you need in your retirement accounts could be even less.
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