Here's how long your retirement money will last in your state, data data
Here's how long $ 500,000 in savings will last in your state.
According to some financial experts, in order to retire comfortably in the United States, a person must have an economy of about $ 1 million. And of course the figure can vary from one state to another, no matter where you live, save $ 1 million is justNot a feasible goal for many American adults. This is why the experts in planning the wealth of GobankRates took it on them to paintA more realistic picture of retirement. Starting with a $ 500,000 nest egg, the site analyzed expenditure data, including races, housing, public services, transportation and health care for people aged 65 and over in The 50 states. Read it to find out how long $ 500.00 in retirement money will last in your state.
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1 Alabama
How long $ 500,000 will last: 11 years, 7 months and 25 days
2 Alaska
How long $ 500,000 will last: 8 years, 1 month and 27 days
3 Arizona
How long $ 500,000 will last: 10 years, 3 months and 4 days
4 Arkansas
How long $ 500,000 will last: 11 years, 9 months and 18 days
5 California
How long $ 500,000 will last: 7 years, 3 months and 19 days
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6 Colorado
How long $ 500,000 will last: 9 years, 11 months and 19 days
7 Connecticut
How long $ 500,000 will last: 8 years, 5 months and 12 days
8 Delaware
How long $ 500,000 will last: 9 years, 7 months and 24 days
9 Florida
How long $ 500,000 will last: 10 years, 4 months and 29 days
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10 Georgia
How long $ 500,000 will last: 11 years, 7 months and 3 days
11 Hawaii
How long $ 500,000 will last: 5 years, 2 months and 24 days
12 Idaho
How long $ 500,000 will last: 11 years and 25 days
13 Illinois
How long $ 500,000 will last: 10 years, 11 months and 8 days
14 Indiana
How long $ 500,000 will last: 11 years, 6 months and 26 days
15 Iowa
How long $ 500,000 will last: 11 years old, 4 months and 18 days
16 Kansas
How long $ 500,000 will last: 11 years, 11 months and 20 days
17 Kentucky
How long $ 500,000 will last: 11 years, 1 month and 5 days
18 Louisiana
How long $ 500,000 will last: 11 years, 1 month and 23 days
19 Maine
How long $ 500,000 will last: 8 years, 11 months and 11 days
20 Maryland
How long $ 500,000 will last: 8 years, 2 months and 2 days
21 Massachusetts
How long $ 500,000 will last: 7 years, 11 months and 31 days
22 Michigan
How long $ 500,000 will last: 11 years, 5 months and 20 days
23 Minnesota
How long $ 500,000 will last: 10 years, 3 months and 26 days
24 Mississippi
How long $ 500,000 will last: 12 years, 3 months and 18 days
25 Missouri
How long $ 500,000 will last: $ 725,261
26 Montana
How long $ 500,000 will last: 10 years, 5 months and 16 days
27 Nebraska
How long $ 500,000 will last: 11 years, 2 months and 6 days
28 Nevada
How long $ 500,000 will last: 9 years, 6 months and 19 days
29 New Hampshire
How long $ 500,000 will last: 9 years, 7 months and 2 days
30 New Jersey
How long $ 500,000 will last: 8 years, 10 months and 23 days
31 New Mexico
How long $ 500,000 will last: 11 years, 7 months and 21 days
32 new York
How long $ 500,000 will last: 7 years, 1 month and 1 day
33 North Carolina
How long $ 500,000 will last: 10 years, 9 months and 26 days
34 North Dakota
How long $ 500,000 will last: 10 years, 9 months and 7 days
35 Ohio
How long $ 500,000 will last: 11 years old, 3 months and 8 days
36 Oklahoma
How long $ 500,000 will last: 11 years old, 11 months and 1 day
37 Oregon
How long $ 500,000 will last: 7 years, 9 months and 7 days
38 Pennsylvania
How long $ 500,000 will last: 9 years, 11 months and 26 days
39 Rhode Island
How long $ 500,000 will last: 8 years, 8 months and 8 days
40 Caroline from the south
How long $ 500,000 will last: 10 years, 10 months and 2 days
41 South Dakota
How long $ 500,000 will last: 10 years, 4 months and 29 days
42 Tennessee
How long $ 500,000 will last: 11 years, 7 months and 3 days
43 Texas
How long $ 500,000 will last: 11 years, 3 months and 19 days
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44 Utah
How long $ 500,000 will last: 10 years, 7 months and 13 days
45 Vermont
How long $ 500,000 will last : 8 years, 11 months and 4 days
46 Virginia
How long $ 500,000 will last : 10 years, 2 months and 28 days
47 Washington
How long $ 500,000 will last : 9 years, 2 months and 13 days
48 Western Virginia
How long $ 500,000 will last : 11 years, 2 months and 17 days
49 Wisconsin
How long $ 500,000 will last : 10 years, 9 months and 26 days
50 Wyoming
How long $ 500,000 will last : 11 years and 7 days
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