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How long would $1.5M in retirement savings last in each state?

Summary by KRQE News 13
(NewsNation) — Americans may often wonder how much they should have saved before retiring. The reality is that it depends vastly on where you live and which of the 50 states you are retiring in. A 2024 study by Northwestern Mutual said surveyed Americans believed they needed $1.5 million to retire comfortably. Now, GOBankingRates has released a compiled study using data from the Bureau Labor of Statistics, among others, to reveal how long that t…

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How long would $1.5M in retirement savings last in West Virginia?

(NewsNation) — Americans may often wonder how much they should have saved before retiring. The reality is that it depends vastly on where you live and which of the 50 states you are retiring in. A 2024 study by Northwestern Mutual said surveyed Americans believed they needed $1.5 million to retire comfortably. Now, GOBankingRates has released a compiled study using data from the Bureau Labor of Statistics, among others, to reveal how long that t…

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How long would $1.5M in retirement savings last in each state?

(NewsNation) — Americans may often wonder how much they should have saved before retiring. The reality is that it depends vastly on where you live and which of the 50 states you are retiring in. A 2024 study by Northwestern Mutual said surveyed Americans believed they needed $1.5 million to retire comfortably. Now, GOBankingRates has released a compiled study using data from the Bureau Labor of Statistics, among others, to reveal how long that t…

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How long would $1.5M in retirement savings last in North Carolina?

(NewsNation) — Americans may often wonder how much they should have saved before retiring. The reality is that it depends vastly on where you live and which of the 50 states you are retiring in. A 2024 study by Northwestern Mutual said surveyed Americans believed they needed $1.5 million to retire comfortably. Now, GOBankingRates has released a compiled study using data from the Bureau Labor of Statistics, among others, to reveal how long that t…

·Cleveland, United States
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Retirement expert explains how to avoid common planning mistakes

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Read more: Retirement planning: A step-by-step guide · Icon Sportswire via Getty Images LifePath spending tool on its website, which calculates one’s spending potential based on their age and savings. Read more: 4 ways to save on taxes in retirement Each Tuesday, retirement expert and financial educator Robert Powell gives you th…

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Fox8 broke the news in Cleveland, United States on Sunday, March 23, 2025.
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