How much you need to comfortably retire by state

[bjl584]

These are broad averages, and everyone's situation is different, but this could be interesting to at least look at


How much you need to retire comfortably with a paid-off home in every state

[Fishindude77]

I agree, not much to learn from the article.

We live in a low cost of living area and rather rural and it always amazes me how some folks manage to get along pretty well on very little income.
They have simple no frills paid for homes, older paid for autos, eat all their meals at home, garden. heat with wood, etc. They don't take fancy vacations or travel much but are content doing simple stuff like camping, fishing, cooking out, sitting around a campfire or going to little league or HS ball game. Antenna TV's, simple cell phones, basic appliances, fix their own stuff when it breaks, do their own home maintenance, etc.

[myrdale]

I hate to say it but it is a garbage click bait article.

The very title "How Much Do You Need To Retire Comfortably by Every State". So..... how much does it take to retire comfortably in Alabama? Georgia? New York? Nebraska? Who knows because they don't actually tell you.

There is a nice color coded map, with no ledger.

The article does go on to state a single retiree needs $572k to $909k.

The article also mentions that 80% of households where the head of household is over 65 own a house, and 66% of them own the house debt free.

At the bottom there is a link to the original article that article was based on. It is a little better.

https://www.investopedia.com/how-much-you-need-to-retire-comfortably-with-a-paid-off-home-in-every-state-12160131