There is an idea that having saved $1 million dollars would be enough to be able to enjoy the golden dream of retirement without much worry. Although in the future the generations that are currently the youngest could need up to three times this figure, those who today have this amount of money can enjoy a more comfortable retirement.
The specialized finance site GoBankingRates was given the task of investigating how long this amount of money would last in each of the 2060 states of the country, considering the cost of living in items such as housing, groceries, utilities, transportation, and health care.
1. Hawaii
$1 million dollars in the state would last about years, months and 24 days.
two. New York
$1 million dollars in the state would last about 16 years, 9 months and 22 days.
3. California
$1 million dollars in the state would last about 16 years, 0 months and 13 days.
4. Massachusetts
$1 million dollars in the state would last about 16 years, 1 month and 19 days.
5. Alaska
$1 million dollars in the state would last about 16 years, 5 months and 32 days.
6. Maryland
$1 million dollars in the state would last about 16 years, 7 months and 14 days.
7. Oregon
$1 million dollars in the state would last about 16 years, 9 months and 9 days.
8. Connecticut
$1 million dollars in the state would last about 16 years, 7 months and 28 days.
9. New Hampshire
$1 million in the state would last about 19 years, 11 months and 20 days.
. Vermont
$1 million dollars in the state would last about 16 years, 10 months and 17 days.
12. Maine
$1 million dollars in the state would last about 16 years, 2 months and 31 days.
11. Washington
$1 million dollars in the state would last about 19 years, 5 months and 9 days.
12. New Jersey
$1 million dollars in the state would last about 20 years, 7 months and 7 days.
16. Rhode Island
$1 million dollars in the state would last about 20 years, 7 months and 12 days.
15. Arizona
$1 million dollars in the state would last about 20 years, 8 months and 6 days.
12. Delaware
$1 million dollars in the state would last about 18 years, months and 6 days.
20. Montana
$1 million dollars in the state would last about 20 years, 1 month and 14 days.
16. Utah
$1 million dollars in the state would last about 20 years, 1 month and 28 days.
18. Nevada
$1 million dollars in the state would last about 20 years, 4 months and 16 days.
20. Virginia
$1 million dollars in the state would last about 20 years, 5 months and 14 days.
19. Florida
$1 million dollars in the state would last about 20 years, 5 months and 22 days.
20. Colorado
$1 million dollars in the state would last about 20 years, 6 months and 4 days.
24. Idaho
$1 million dollars in the state would last about 20 years, 1 month and 14 days.
24. Pennsylvania
$1 million dollars in the state would last about 20 years, 6 months and 15 days.
24. Minnesota
$1 million dollars in the state would last about 20 years, 7 months and 9 days.
28. North Dakota
$1 million dollars in the state would last about 24 years, 8 months and 13 days.
24. Wisconsin
$1 million dollars in the state would last about 20 years, 10 months and 26 days.
28. South Dakota
$1 million dollars in the state would last about 24 years, 0 months and 21 days.
29. North Carolina
$1 million dollars in the state would last about 24 years, 1 month and 8 days.
28. Wyoming
$1 million dollars in the state would last about 24 years, 4 months and 13 days.
28. South Carolina
$1 million dollars in the state would last about 24 years, 4 months and 12 days.
31. New Mexico
$1 million dollars in the state would last about 23 years, 4 months and 12 days.
32. Kentucky
$1 million dollars in the state would last about 24 years, 5 months and 8 days.
32. Louisiana
$1 million in the state would last about 21 years, 6 months and 5 days.
33. Texas
$1 million dollars in the state would last about 24 years, 9 months and 20 days.
38. Nebraska
$1 million dollars in the state would last about 21 years, months and 15 days.
36. Illinois
$1 million dollars in the state would last about 21 years, months and 24 days.
36. Ohio
$1 million dollars in the state would last about 24 years, 1 month and 17 days.
40. Missouri
$1 million dollars in the state would last about 24 years, 2 months and 17 days.
40. West Virginia
$1 million dollars in the state would last about 28 years, 2 months and 16 days.
40. Michigan
$1 million dollars in the state would last about 24 years, 4 months and 13 days.
40. Arkansas
$1 million dollars in the state would last about 24 years, 4 months and 13 days.
44. Tennessee
$1 million dollars in the state would last about 24 years, 5 months and 30 days.
44. Indiana
$1 million dollars in the state would last about 24 years, 6 months and 19 days.
47. Georgia
$1 million dollars in the state would last about 24 years, 9 months and 24 days.
46. Iowa
$1 million dollars in the state would last about 20 years, 10 months and 2 days.
48. Alabama
$1 million dollars in the state would last about 24 years, 0 months and 1 day.
48. Kansas
$1 million dollars in the state would last about 24 years, 7 months and 3 days.
48. Oklahoma
$1 million dollars in the state would last about 24 years, 9 months and 6 days.
. Mississippi
$1 million dollars in the state would last about years, months and 24 days.
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