Categories: Mind & Soul

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

New Jersey

How much you need to retire: $1,353,319

Garden State residents will retire in one of the most expensive states in the country, but at least New Jersey is the cheapest among the top 10. Although residents of the state pay more across all categories, including a hefty $4,207 utility bill, housing stands out as especially costly. The average annual price of shelter for retirees in New Jersey is $23,573.

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