The most profitable states are in the south to retire between America. For 20 years of pension On Mississippi, the middle class couple, according to the latest Gobankingrates research, only $ 270,000 needed after social security.
The amount needed for 20 years of pension with social security: $ 555,068
The amount needed for 20 years of social unsecured 20 years: $ 1,017,227
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Average level income range: $ 60,649 $ 181,948
The amount needed for 20 years of pension with social security: $ 750,828
The amount needed for 20 years of social unsecured 20 years: $ 1,212,987
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Average level income range: 38,611 $ 115,834
The amount needed for 20 years of pension with social security: $ 310,068
The amount needed for 20 years of social unsecured 20 years: $ 772,227
Methodology: Gobankingrates for this work analyzed every state to learn how much you saved to retire. Initially, Gobankingrates, the total population of the total population, 65 years of age, general households and household income, all the US Census stems from the American community inquiry. Missouri Economic Research and Information Center for retired residents, average expenses for residents, the average cost of residential expenditures is calculated for each state for each state. December 2024 Average Family House Cost was caused by the Zillow Home Value Index and the average mortgage value was calculated (10% low payment and national average 30-year-old fixed mortgage ratio is used). Using average mortgage and secondary expenses, the average cost of living was calculated. The average level of income is determined by the Pew Research Center twice as doubles. The minimum income needed to be a middle class was calculated and the deposits needed to retire. The average income for one person was caused by the Social Security Department for December 2024, and pension deposits required after social security benefits. All data is collected and new until January 24, 2025.