Relocating for Retirement? These States Have Lower Costs of Living.
If you're planning to retire within the next decade or so, you're likely examining your retirement plan and thinking about how well you've saved and invested. (It's possible to save $1 million even if you don't earn a six-figure salary.)If you find that you're way behind and haven't saved nearly enough for your future, there are ways to try to catch up to where you should be. One strategy is to need less money by moving to a less costly location. Here's a look at various states where your retirement dollars could go much further.Image source: Getty Images.Continue reading
If you're planning to retire within the next decade or so, you're likely examining your retirement plan and thinking about how well you've saved and invested. (It's possible to save $1 million even if you don't earn a six-figure salary.)
If you find that you're way behind and haven't saved nearly enough for your future, there are ways to try to catch up to where you should be. One strategy is to need less money by moving to a less costly location. Here's a look at various states where your retirement dollars could go much further.
Image source: Getty Images.
