How Long $1 Million in Retirement Will Last in Every State

Pinpointing the specific sum that you want to save to resign serenely is a troublesome errand — and arriving at that objective might be considerably more earnestly.

As indicated by a new overview directed by Schwab Retirement Plan Services, the typical American requirements about $1.9 million to easily resign.

Annual groceries cost: $6,419.51 Annual housing cost: $31,797.41 Annual utilities cost: $5,470.22 Annual transportation cost: $4,461.26

Hawaii

Annual groceries cost: $5,107.86 Annual housing cost: $23,558.04 Annual utilities cost: $3,820.83 Annual transportation cost: $3,893.73

New York

Annual groceries cost: $4,918.68 Annual housing cost: $18,987.23 Annual utilities cost: $4,706.05 Annual transportation cost: $4,658.82

California

Annual groceries cost: $4,695.87 Annual housing cost: $16,528.31 Annual utilities cost: $4,131.04 Annual transportation cost: $4,389.42

Massachusetts

Annual groceries cost: $5,423.16 Annual housing cost: $12,720.95 Annual utilities cost: $5,829.60 Annual transportation cost: $4,084.10

Alaska

Annual groceries cost: $4,615.99 Annual housing cost: $16,984.40 Annual utilities cost: $4,051.59 Annual transportation cost: $3,811.11

Maryland

Annual groceries cost: $4,594.97 Annual housing cost: $15,338.51 Annual utilities cost: $4,051.59 Annual transportation cost: $4,834.83

Oregon

Annual groceries cost: $4,443.63 Annual housing cost: $12,919.25 Annual utilities cost: $4,902.77 Annual transportation cost: $4,005.08

Connecticut

Annual groceries cost: $4,586.56 Annual housing cost: $11,194.04 Annual utilities cost: $4,399.63 Annual transportation cost: $3,732.09

New Hampshire

Annual groceries cost: $4,359.55 Annual housing cost: $13,593.47 Annual utilities cost: $4,622.83 Annual transportation cost: $4,285.26

Vermont

Annual groceries cost: $4,359.55 Annual housing cost: $13,593.47 Annual utilities cost: $4,622.83 Annual transportation cost: $4,285.26

Vermont