Categories: Mind & Soul

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

New York

How much you need to retire: $1,463,863

With average annual living costs of $58,555, retired residents of the Empire State spend more each year to get by than those in all but three other states. New York holds the title of ninth most expensive in the country in the categories of both transportation and groceries. That, however, is not nearly as imposing as the $29,055 average annual cost of housing, which is the third-highest in the country.
Read Up: 6 Ways to Make Your Retirement Savings Last

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