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Tuesday, dec 24
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27°
Tuesday, dec 24
Tag:
Personal Savings
Lifestyle
Brand-New Report Reveals How Much Money You Need To Retire In These Parts Of Region
A new report has reported just how much money residents need to save up to retire in certain cities in the United States. MagnifyMoney's analysts found that there are 28 metros in the United States where retirees need to save at least $1 million to retire with an average lifestyle. The website reported that analysts based the amount required to retire on the average amount that retirees spend in a year in each of the locations. The location with the largest amount of savings needed to retire was San Francisco, $1.56 million needed, according to the report. Some Northeast metros…