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Americans in These States Are Not Saving Enough For Retirement

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3. Montana

A river in a national park in Montana

Glacier Nationwide Park | Matt Anderson/iStock/Getty Photographs
  • Common retirement financial savings: $168,755
  • Annual price of a snug retirement: $51,505
  • How lengthy financial savings will final: 3.3 years

A whopping 37% of residents in Montana have saved lower than $10,000 for retirement. What could also be much more shocking, although, is that Montana ranks among the many prime half of states for estimated retirement prices because of their excessive spending on fuel and groceries. You don’t must be a math skilled to see that may trigger some main issues in later years.

Subsequent: Why oh why, Wyoming

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