22. New Mexico
$1 million will last: 23 years, 3 months
$1 million will take retirees in New Mexico almost exactly as far as it would in Wisconsin. At $3,073 a year, annual utility bills are cheap in the state, and both housing and groceries are less expensive than the national average, as well. Residents of the state, however, can expect to pay a little more for healthcare and transportation.
If you want to keep working in retirement, there are lots of senior-friendly jobs that are perfect.
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