California
How much you need to retire: $1,521,926
Sunny California is one of just two states that require residents to cough up more than $60,000 a year to cover their expenses — $60,877, to be exact. A large reason for that is the extreme cost of housing, which comes with an average annual tab of $30,514. As burdensome as that might seem, the most expensive state in the union charges its residents $16,000 more for shelter.
How to Cut Housing Costs: Retire to a Tiny House
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