Here's how much money you have to retire in your state, according to the data
A new research finds the amount you need to save for retirement varies by country.
According to some financial experts, to retire comfortably in America, you must have somewhere in the range of$ 1 million registered. If this figure seems inaccessible, even just a little intimidating, at first glance, do not worry, it is a vast estimate. In fact, many people can retire comfortably with a savings account of less than $ 1 million. How muchmoney you need to retire It's really all about where you live, according to the recent analysis of the data by the financial experts of GobankRates.
To calculate how many people in all regions of the need for countriesSave for retirement, the site examined annual expenditures fora retired In each state - with deducted social security revenues - using data from the Office of Labor Statistics and the Missouri Economic Research and Information Center. Researchers also assumed that people were developing their savings of four percent each year to cover livelihoods. Read it to find out how much money you need to retire in your state.
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1 Alabama
Savings you need to retire: $ 723,989
2 Alaska
Savings you need to retire: $ 1,238,947
3 Arizona
Savings you need to retire: $ 862,583
4 Arkansas
Savings you need to retire: $ 697,288
5 California
Savings you need to retire: $ 1,369,911
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6 Colorado
Savings you need to retire: $ 908,357
7 Connecticut
Savings you need to retire: $ 1,1484,272
8 Delaware
Savings you need to retire: $ 960,488
9 Florida
Savings you need to retire: $ 843,510
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10 Georgia
Savings you need to retire: $ 737,976
11 Hawaii
Savings you need to retire: 2.151.884 $
12 Idaho
Savings you need to retire: $ 797,736
13 Illinois
Savings you need to retire: $ 804,094
14 Indiana
Savings you need to retire: $ 745,605
15 Iowa
Savings you need to retire: $ 767.220
16 Kansas
Savings you need to retire: $ 703,645
17 Kentucky
Savings you need to retire: $ 774,849
18 Louisiana
Savings you need to retire: $ 773,578
19 Maine
Savings you need to retire: $ 1,083,824
20 Maryland
Savings you need to retire: $ 1,238,947
21 Massachusetts
Savings you need to retire: $ 1,249,119
22 Michigan
Savings you need to retire: $ 732,890
23 Minnesota
Savings you need to retire: $ 871,483
24 Mississippi
Savings you need to retire: $ 666,772
25 Missouri
Savings you need to retire: $ 725,261
26 Montana
Savings you need to retire: $ 963,031
27 Nebraska
Savings you need to retire: $ 758.320
28 Nevada
Savings you need to retire: $ 899.456
29 New Hampshire
Savings you need to retire: $ 956,674
30 New Jersey
Savings you need to retire: $ 1,194.100
31 New Mexico
Savings you need to retire: $ 720.175
32 new York
Savings you need to retire: $ 1,308,879
33 North Carolina
Savings you need to retire: $ 797,736
34 North Dakota
Savings you need to retire: $ 820,623
35 Ohio
Savings you need to retire: $ 772 $ 306
36 Oklahoma
Savings you need to retire: $ 687,116
37 Oregon
Savings you need to retire: $ 1,334,309
38 Pennsylvania
Savings you need to retire$ 874 026 $
39 Rhode Island
Savings you need to retire: $ 1,099,082
40 Caroline from the south
Savings you need to retire: $ 801,551
41 South Dakota
Savings you need to retire: $ 819352
42 Tennessee
Savings you need to retire: $ 707.460
43 Texas
Savings you need to retire: $ 762134
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44 Utah
Savings you need to retire: $ 815 $ 537
45 Vermont
Savings you need to retire: $ 1,060.937
46 Virginia
Savings you need to retire: $ 885,470
47 Washington
Savings you need to retire: $ 1,003,719
48 Western Virginia
Savings you need to retire: $ 754505
49 Wisconsin
Savings you need to retire: $ 811,723
50 Wyoming
Savings you need to retire: $ 889,284
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