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Americans in These States Are Not Saving Enough For Retirement
12. Maryland
- Common retirement financial savings: $244,690
- Annual price of a snug retirement: $55,935
- How lengthy financial savings will final: 4.4 years
Like New Jersey, Maryland is one other state the place the marginally larger than common financial savings is nowhere close to sufficient to make up for the upper retirement prices — particularly in housing. Like Connecticut, although, there’s additionally a large disparity amongst residents, that means the excessive finish is excessive, and the low finish may be very low. On the intense aspect, Maryland remains to be doing much better than their neighbors — extra on that later.
Subsequent: Golden State woes
