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

Michigan

How much you need to retire: $999,357

Annual healthcare costs tally just $5,416 in Michigan, which is the last state on this list that boasts a sub-$40,000 cost of living — $39,974, to be exact. Utilities are an affordable $3,323, but the real bargain is housing, which costs an average of only $12,330.

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