Categories: Mind & Soul

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

Maine

How much you need to retire: $1,284,090

Maine holds the title of two firsts on this list. It’s the first state with annual living costs for retirees over $50,000 — $51,364, to be exact — and it’s the first to require retirees to save more than $1.2 million if they want to be comfortable. That’s because costs are higher than the national median across all categories — all but groceries, that is. Residents spend a low $3,347 a year at the supermarket.

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