Arizona
How much you need to retire: $1,078,636
With the exception of groceries, for which Arizona residents fork over $3,439 every year, everything is cheaper in the state compared to the national median, including transportation, healthcare and utilities. The average annual cost of housing is $14,613, which isn’t bad, either. The total cost of living in Arizona is $43,145 per year.
If you’re behind on preparing for your future, take these immediate steps to get ready for retirement.
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