Special Report

What It Costs to Retire Comfortably in Every State

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South Dakota
> Est. total retirement spending: $956,881 (18th least)
> Avg. cost of living: 12.2% less than avg. (7th lowest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $493 per month (23rd highest – tied)
> Pop. 65 and older: 17.4% (21st highest)

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Tennessee
> Est. total retirement spending: $888,265 (8th least)
> Avg. cost of living: 10.3% less than avg. (16th lowest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $388 per month (10th lowest)
> Pop. 65 and older: 16.7% (22nd lowest)

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Texas
> Est. total retirement spending: $1,008,988 (24th most)
> Avg. cost of living: 3.5% less than avg. (24th highest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $493 per month (23rd highest – tied)
> Pop. 65 and older: 12.9% (3rd lowest)

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Utah
> Est. total retirement spending: $1,041,020 (22nd most)
> Avg. cost of living: 3.5% less than avg. (23rd highest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $422 per month (17th lowest)
> Pop. 65 and older: 11.4% (the lowest)

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Vermont
> Est. total retirement spending: $1,129,330 (10th most)
> Avg. cost of living: 3.1% more than avg. (11th highest)
> Avg. homeownership cost for citizens 65 and older with no mortgage: $668 per month (7th highest)
> Pop. 65 and older: 20.1% (4th highest)