Retirement living: Here's what it costs to retire comfortably in every state

Article Excerpt: "...1. Alabama

• Est. total retirement spending: $894,461 (3rd least)

• Avg. cost of living: 13.6% less than avg. (3rd lowest)

• Avg. monthly homeownership cost for senior citizens: $357 (6th lowest)

• Pop. 65 and older: 17.0% (18th highest)

In Alabama, residents need an average of about $894,000 to live out their retirement years in relative comfort – below the national average of about $1.1 million. Retirees in Alabama need less retirement savings..."

Resource: www.usatoday.com