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Americans in These States Are Not Saving Enough For Retirement

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6. South Dakota

Rapid City, SD

Mount Rushmore | khyim/iStock/Getty Photographs
  • Common retirement financial savings: $183,225
  • Annual price of a snug retirement: $49,344
  • How lengthy financial savings will final: 3.7 years

Setting an unlucky document amongst states, practically one in three South Dakotans has saved nothing for retirement. Whereas the price of dwelling there could also be low, it isn’t that low. As one other state with no revenue tax, it makes you surprise the place that cash goes. Possibly residents will get fortunate, although, and extra gold might be discovered within the Black Hills. Fingers crossed.

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