How Far $750,000 in Retirement Savings Plus Social Security Goes in Every State

Contributing sentiments towards policy:

62% : How Far $750,000 in Retirement Savings Plus Social Security Goes in Every State
61% : All 50 states and the District of Columbia were then ranked with No. 1 being the state where $750,000 and Social Security will last the longest and No. 51 being the state where it will run out most quickly.
55% : According to GOBankingRates research, $750,000 plus Social Security can last varying years across every state.
55% : In order to find how long $750,000 will last across the country with Social Security, GOBankingRates first found (1) the national average annual expenditures for people 65 and older, sourced from the Bureau of Labor Statistics' 2022 Consumer Expenditure Survey data and (2) annual Social Security income as sourced from the Social Security Administration's May 2024 data.
54% : Here is how far $750,000 in combined savings and Social Security will go in every state, from the longest to the shortest.Check Out: The Cheapest Places to Retire Across the US
53% : How much do you withdraw and how often?With your retirement savings and Social Security, there's a longer timeline that is affected by the city you reside in at your time of retirement.

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