welcome
Reader's Digest

Reader's Digest

Business

Business & Economics

New Study: You Can Retire in These U.S. States on Less Than $65,000 a Year

Reader's Digest
Summary
Nutrition label

81% Informative

Only about half of Americans have calculated how much they need to save for retirement, according to the U.S. Department of Labor .

GoBankingRates determined the cost of a comfortable retirement in each state.

West Virginia , Oklahoma , Kansas , Alabama and Mississippi are among the least expensive states.

Hawaii is the most expensive state for retirees, with the cost of a comfortable retirement coming in at $ 129,296 .

Long-term care costs in lower cost-of-living states are significantly below the U.S. average.

Hawaii 's distance from the mainland plays a major role.

VR Score

80

Informative language

79

Neutral language

31

Article tone

informal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

26

http://retireguide.com/https://www.bls.gov/news.release/cesan.htmhttps://www.rd.com/article/best-place-to-retire-united-states/https://www.rd.com/list/best-places-to-retire/https://www.rd.comhttps://www.gratuscapital.com/team/michelle-krugerhttps://www.rd.com/article/best-place-to-retire-in-the-south/https://www.ifgatl.com/team/herman-tommy-thompson-jr-cfp-chfchttps://www.rd.com/article/best-worst-states-for-retirees/https://www.rd.com/list/retirement-budget-mistakes/https://www.rd.com/list/most-expensive-states-to-live-in/https://www.rd.com/article/lose-social-security-benefits/https://landing.fearlessfinance.com/about-us/https://www.rd.com/about-readers-digest/https://www.rd.com/newsletter/?int_source=direct&int_medium=rd.com&int_campaign=nlrda_20221001_topperformingcontentnlsignup&int_placement=incontenthttps://www.rd.com/article/affordable-states-to-retire/https://www.rd.com/list/average-house-costs-in-each-state/https://www.rd.com/our-editorial-team/https://www.rd.com/article/most-affordable-states-to-live-in/https://www.stephenkates.com/https://retiretoabundance.com/about/https://www.dol.gov/sites/dolgov/files/ebsa/about-ebsa/our-activities/resource-center/publications/dol-top-10-ways-to-prepare-for-retirement-booklet-2023.pdfhttps://www.rd.com/list/best-places-retire-around-world/https://www.gobankingrates.com/retirement/planning/how-much-a-comfortable-retirement-will-cost-you-in-each-state/https://www.rd.com/article/happiest-state/https://www.rd.com/article/social-security-cost-of-living-increase/

Affiliate links

no affiliate links