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Americans in These States Are Not Saving Enough For Retirement

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14. Connecticut

Hartford skyline

Hartford, CT | Michael King/iStock/Getty Photographs
  • Common retirement financial savings: $279,367
  • Annual price of a snug retirement: $60,621
  • How lengthy financial savings will final: 4.6 years

Whereas the quantity of retirement financial savings varies tremendously amongst Connecticut residents, too many have saved far too little. Serving to to carry down that common is the roughly 24% who’ve saved nothing in any respect for retirement. In reality, Connecticut ranks second amongst all of the states for variety of residents who’ve saved nothing for retirement. Sadly for them, it’s additionally among the many costliest states through which to retire.

Subsequent: Save extra, Jersey shore

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