Alabama

• Annual cost of living: $53,357
  
  
• Savings you need to retire: $773,000
  
  

Alaska

• Annual cost of living: $74,147
  
  
• Savings you need to retire: $1,292,753
  
  

Arizona

• Annual cost of living: $67,778
  
  
• Savings you need to retire: $1,133,522
  
  

Arkansas

• Annual cost of living: $53,477
  
  
• Savings you need to retire: $776,005
  
  

California

• Annual cost of living: $86,946
  
  
• Savings you need to retire: $1,612,716
  
  

Colorado

• Annual cost of living: $61,709
  
  
• Savings you need to retire: $981,803
  
  

Connecticut

• Annual cost of living: $67,117
  
  
• Savings you need to retire: $1,116,998
  
  

Delaware

• Annual cost of living: $60,207
  
  
• Savings you need to retire: $944,248
  
  

Florida

• Annual cost of living: $61,529
  
  
• Savings you need to retire: $977,296
  
  

Georgia

• Annual cost of living: $54,980
  
  
• Savings you need to retire: $813,559
  
  

Hawaii

• Annual cost of living: $110,921
  
  
• Savings you need to retire: $2,212,084
  
  

Idaho

• Annual cost of living: $61,289
  
  
• Savings you need to retire: $971,288
  
  

Illinois

• Annual cost of living: $57,383
  
  
• Savings you need to retire: $873,646
  
  

Indiana

• Annual cost of living: $54,859
  
  
• Savings you need to retire: $810,555
  
  

Iowa

• Annual cost of living: $54,319
  
  
• Savings you need to retire: $797,035
  
  

Kansas

• Annual cost of living: $52,095
  
  
• Savings you need to retire: $741,455
  
  

Kentucky

• Annual cost of living: $55,821
  
  
• Savings you need to retire: $834,590
  
  

Louisiana

• Annual cost of living: $56,181
  
  
• Savings you need to retire: $843,603
  
  

Maine

• Annual cost of living: $68,199
  
  
• Savings you need to retire: $1,144,038
  
  

Maryland

• Annual cost of living: $59,426
  
  
• Savings you need to retire: $924,720
  
  

Massachusetts

• Annual cost of living: $88,268
  
  
• Savings you need to retire: $1,645,764
  
  

Michigan

• Annual cost of living: $55,460
  
  
• Savings you need to retire: $825,577
  
  

Minnesota

• Annual cost of living: $57,263
  
  
• Savings you need to retire: $870,642
  
  

Mississippi

• Annual cost of living: $52,576
  
  
• Savings you need to retire: $753,472
  
  

Missouri

• Annual cost of living: $53,477
  
  
• Savings you need to retire: $776,005
  
  

Montana

• Annual cost of living: $56,482
  
  
• Savings you need to retire: $851,114
  
  

Nebraska

• Annual cost of living: $55,761
  
  
• Savings you need to retire: $833,087
  
  

Nevada

• Annual cost of living: $60,147
  
  
• Savings you need to retire: $942,746
  
  

New Hampshire

• Annual cost of living: $66,997
  
  
• Savings you need to retire: $1,113,994
  
  

New Jersey

• Annual cost of living: $68,980
  
  
• Savings you need to retire: $1,163,566
  
  

New Mexico

• Annual cost of living: $55,821
  
  
• Savings you need to retire: $834,590
  
  

New York

• Annual cost of living: $74,147
  
  
• Savings you need to retire: $1,292,753
  
  

North Carolina

• Annual cost of living: $58,645
  
  
• Savings you need to retire: $905,192
  
  

North Dakota

• Annual cost of living: $55,340
  
  
• Savings you need to retire: $822,572
  
  

Ohio

• Annual cost of living: $57,023
  
  
• Savings you need to retire: $864,633
  
  

Oklahoma

• Annual cost of living: $52,816
  
  
• Savings you need to retire: $759,481
  
  

Oregon

• Annual cost of living: $66,096
  
  
• Savings you need to retire: $1,091,462
  
  

Pennsylvania

• Annual cost of living: $57,023
  
  
• Savings you need to retire: $864,633
  
  

Rhode Island

• Annual cost of living: $67,538
  
  
• Savings you need to retire: $1,127,514
  
  

South Carolina

• Annual cost of living: $57,203
  
  
• Savings you need to retire: $869,140
  
  

South Dakota

• Annual cost of living: $55,460
  
  
• Savings you need to retire: $825,577
  
  

Tennessee

• Annual cost of living: $54,078
  
  
• Savings you need to retire: $791,027
  
  

Texas

• Annual cost of living: $55,641
  
  
• Savings you need to retire: $830,083
  
  

Utah

• Annual cost of living: $65,795
  
  
• Savings you need to retire: $1,083,951
  
  

Vermont

• Annual cost of living: $68,559
  
  
• Savings you need to retire: $1,153,051
  
  

Virginia

• Annual cost of living: $60,387
  
  
• Savings you need to retire: $948,755
  
  

Washington

• Annual cost of living: $68,259
  
  
• Savings you need to retire: $1,145,540
  
  

West Virginia

• Annual cost of living: $50,954
  
  
• Savings you need to retire: $712,913
  
  

Wisconsin

• Annual cost of living: $59,666
  
  
• Savings you need to retire: $930,729
  
  

Wyoming

• Annual cost of living: $57,323
  
  
• Savings you need to retire: $872,144
  
  

tutu2 wrote:Chắc  fai vê vn retire thôi trời ơi....đoc.ban? report trên mà nhoi' tim ....

DinhT wrote:Saving này là based on standard retirement age (66-67) hay 62, tuổi mà có thể apply for social security?

Looks like retire ở GA là tốt nhất cho những người VN ở mức độ trung bình.  Cộng đồng VN ở đó giờ cũng khá lớn, thời tiết tốt (không quá lạnh quá nóng), tax very friendly for retirees.  

8DonCo wrote:

DinhT wrote:Saving này là based on standard retirement age (66-67) hay 62, tuổi mà có thể apply for social security?

Looks like retire ở GA là tốt nhất cho những người VN ở mức độ trung bình.  Cộng đồng VN ở đó giờ cũng khá lớn, thời tiết tốt (không quá lạnh quá nóng), tax very friendly for retirees.  

Where you retire could change your savings needs by as much as $1.49 million, according to a new analysis by GoBankingRates.

In Hawaii, you need around $2.21 million to retire at 65 and cover essential living expenses — including housing, groceries, transportation, utilities and health care — for 25 years. That’s the highest minimum required in any U.S. state. By comparison, West Virginia requires just $712,913, the lowest amount needed to cover these same basic costs.

The estimates are based on average annual living expenses for each state, using the most recent data available from the U.S. Bureau of Labor Statistics. After subtracting average Social Security income from the annual expenditures, GoBankingRates divided the remaining amount by 4%, following a common rule of thumb for safely drawing down retirement savings. It’s worth noting that these figures reflect the bare minimum needed to retire and don’t account for discretionary spending like travel or entertainment.

While housing is the biggest factor driving cost differences between states, significant variations in health care, utilities and transportation also play a role. While these estimates offer a helpful starting point for savings, they’re averages and may not fully account for other factors like inflation, lifestyle changes or unexpected expenses.

Cuom wrote:Tuổi retired tăng lên 67 rồi Dinh. Họ đang rục rịch muốn tăng lên 69. 

Tutu: retired ở tuổi 62 bị mất 30% benefit của mình for life. Chưa kể phải tư lo chi phí health care của minh từ 62- 65 rất là mắc.

TuTu wrote:

Cuom wrote:Tuổi retired tăng lên 67 rồi Dinh. Họ đang rục rịch muốn tăng lên 69. 

Tutu: retired ở tuổi 62 bị mất 30% benefit của mình for life. Chưa kể phải tư lo chi phí health care của minh từ 62- 65 rất là mắc.

OK thanks Cuom.
Noi" chung tuổi đo' tiền nhà  trả  xong hết, save dc mo*' tiền phòng thân và viec làm cũng  nhàn không stress thì .....phải  làm tiếp  thôi  .

8DonCo wrote:Tuỳ theo jobs , nhièu jobs người ta không muốn retire, easy job mà big money thì retire uổng quá