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Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)

 
Anonymous Coward
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01/22/2020 02:16 PM
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Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)
[link to money.yahoo.com (secure)]

If you’re behind on saving for retirement, moving to a cheaper state is one way to stretch your nest egg as far as it can go.

Your retirement dollars will last the longest in Mississippi, according to a recent study by personal finance site GOBankingRates. There, you can expect to live off $100,000 for 946 days, or just over two and a half years. That’s more than the national average of 780 days.

The study considered the average total expenditures for people 65 and over and the cost of living index in each state to come up with the ranking.
Anonymous Coward
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01/22/2020 02:27 PM
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Re: Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)
I think I could stretch it out to about double of what they say but I've always been a frugal SOB.
Anonymous Coward
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01/22/2020 02:37 PM
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Re: Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)
most retired people live in paid for homes and drive paid for cars

this guys opinion is meaningless
Anonymous Coward
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01/22/2020 02:38 PM
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Re: Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)
Of course, the shit hole states are cheaper to live in.
Anonymous Coward
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01/22/2020 02:47 PM
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Re: Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)
Costa Rica.
Anonymous Coward
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01/22/2020 02:50 PM
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Re: Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)
I can stretch 100 grand further than they think.
ranjmaz

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01/22/2020 03:49 PM
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Re: Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)
Of course, the shit hole states are cheaper to live in.
 Quoting: Anonymous Coward 78371419


My state is #3 and our area within is hardly that.
Anonymous Coward
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01/22/2020 04:09 PM
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Re: Yahoo Money Map: Where $100,000 in retirement savings will last the longest (In the US)
I can stretch 100 grand further than they think.
 Quoting: Anonymous Cowlick


it can be stretched but only without medical bills and other problems





GLP