"$1 Million Retirement Savings May Not Last Long in These States"
TL;DR Summary
A study by GoBankingRates reveals that $1 million in retirement savings may not last long in states like California, New York, and Hawaii, with retirees potentially running out of money in under 14 years due to high living costs. Conversely, states like Texas and West Virginia offer more longevity for the same amount, with savings potentially lasting up to 20 years.
- Retirees with $1 million in savings could run out of money faster in these states, study finds Fox Business
- How long $1 million in savings will last for retirees in Florida: Report NBC Miami
- $1M retirement savings won't last long in California: study KTVU FOX 2 San Francisco
- Is Sacramento an expensive place to retire? Here’s how long $1 million in savings would last Sacramento Bee
- $1 Million Will Only Last 16 Years If You Retire in Colorado Yahoo Finance
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