Several news outlets have reported on a study revealing the varying duration $1 million in retirement savings would last across different U.S. states. The study highlights the disparity, with some states seeing the fund run out in as little as ten years. CNBC also provided insights into the amount needed to save monthly to earn different annual interest amounts for retirement, based on varying salaries and age groups.
How much you really need for a comfortable retirement: The exact amount of savings required to make your dreams come true https://t.co/jBACu4dICG https://t.co/sOsmhiN5hq
Here's how much you will need to save to retire with $1 million if your annual salary is $80,000 https://t.co/V6VxvHH5sJ
Here's how much you need to save every month to earn $60,000, $70,000 and $80,000 per year in interest for retirement https://t.co/SVHwQsBpU4
Here's how much you need to save to retire with $1 million if you're making $120,000 a year https://t.co/rN16bfxkvg
Here's how much money you should have saved for retirement by age 30, 40, 50 and beyond https://t.co/PqeVAeItDA
$1 Million Retirement Savings Won't Last 25 Years Anywhere in the U.S. — But It Will Go the Furthest in These 6 States https://t.co/3CPQKyxiW0 https://t.co/whGsl0J1gR
Here’s how long $1M in retirement savings will last in California https://t.co/tGtaA0Qjha
Here's how much you need to save each month to earn $40,000, $50,000 and $60,000 per year in interest for retirement https://t.co/3bsrt7BF3o
Most Americans believe they’ll need to save up at least $1 million to retire comfortably. But depending on where you plan to spend your post-work years, that may or may not be enough money to sustain you. https://t.co/LJZpok64FH https://t.co/pXEBgEmAGo
How far would a 401(K) worth $1 million go where you live? https://t.co/giWgmW5bXe https://t.co/Kuyi3FEQzR
Here's how much you need to save every month to earn $80,000, $90,000 and $100,000 per year in interest for retirement https://t.co/CwJxeT6LBQ
How far would a 401(K) worth $1 million go where you live? Fascinating study reveals how long retirement fund would last - with savings running out in just TEN YEARS in some states https://t.co/JlL0f9HuOV https://t.co/JiRaTNqdue
If you manage to save $1 million for retirement and plan to spend your post-work years in the U.S., here’s how long that would last in every state. https://t.co/THnaAtnc75
If you manage to save $1 million for retirement and plan to spend your post-work years in the U.S., here’s how long that would last in your state. https://t.co/iymQdDqzoX
Here's how long $1 million in retirement savings lasts in every state–and where it runs out the fastest https://t.co/1uCRaIPkH2