Retirement living: Here's what it costs to retire comfortably in every state
Example: "...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 because of both lower average life expectancy and lower cost of living. Life expectancy at age 65 in the state is 17.7 years, nearly two years below the national average. Additionally, goods and services are about 14% less expensive on average in Alabama than they are nationwide. ..." [Note: This equates to approximately $56,497.17 per year; Areas like Huntsville are much greater. Circa 2020.]
Resource: www.usatoday.com