Categories: Mind & Soul

This Is How Much You Need to Survive Retirement in Your State

Louisiana

How much you need to retire: $1,047,371

With an average cost of living of $41,895 a year, life costs a little less in Louisiana than in the nation as a whole — but not by much. All categories are just slightly cheaper in Louisiana, including groceries and transportation. The only dramatic savings come with housing, which costs just $13,666 per year on average — enough to keep the state among the 15 states where you need the least to retire.

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