Press Details
Americans in These States Are Not Saving Enough For Retirement
5. Massachusetts
- Common retirement financial savings: $241,143
- Annual price of a snug retirement: $64,976
- How lengthy financial savings will final: 3.7 years
If you happen to’re contemplating delivery as much as Boston, you may need to assume once more. Massachusetts is second solely to D.C. by way of the costliest locations to retire in america. It’s one more state with a big disparity amongst residents, however, with averages like this, that also means there are only a few who’re going to really be ready.
Subsequent: Empire mind-set, pauper state of financial savings
Continue Reading