How Long Will Your Retirement Savings Last? It Depends on Where You Live.
Many of us spend much more time thinking about saving for retirement and working on amassing a sufficient nest egg than we do thinking about things that matter in retirement. Such topics include how we'll withdraw funds from our accounts in a manner that will keep us from running out of money too soon.One major factor in how quickly our nest egg gets depleted is where we live. Here's a look at how your home state plays a big part in your future financial security, along with some thoughts on withdrawal strategies.Image source: Getty Images.Continue reading
Many of us spend much more time thinking about saving for retirement and working on amassing a sufficient nest egg than we do thinking about things that matter in retirement. Such topics include how we'll withdraw funds from our accounts in a manner that will keep us from running out of money too soon.
One major factor in how quickly our nest egg gets depleted is where we live. Here's a look at how your home state plays a big part in your future financial security, along with some thoughts on withdrawal strategies.
Image source: Getty Images.
