Categories: Retirement Life

How Long $1 Million Will Last in Retirement in Every State

34. Virginia

$1 million will last: 22 years
With annual expenses of $45,423, people who retire in Virginia can make $1 million last for 22 years. Compared to other states, Virginia ranks best in transportation, where retirees spend the eighth-lowest amount. The state ranked about average in utilities and healthcare. The category that’s more expensive than average is housing, which costs $17,191 a year.

Prev 18 of 52 Next

Share

Recent Posts

  • Retirement Life

10 THINGS LESS/MORE EXPENSIVE ONCE YOU’RE RETIRED

10 THINGS YOU’LL SPEND LESS ON IN RETIREMENT A popular rule of thumb suggests that… Read More

7 years ago
  • Retirement Life

THE BEST THINGS TO BUY IN SEPTEMBER

SEPTEMBER SALES Put big-ticket items on the list of things to buy in September. With… Read More

7 years ago
  • Retirement Life

12 BEST & WORST WAYS TO SPEND MONEY AT WALMART

As the world’s largest retailer, Walmart boasts a massive selection on everything from staples like… Read More

7 years ago
  • Retirement Life

THE BEST PLACES TO RETIRE IN AMERICA ARE ALL COLLEGE TOWNS

RETIRING IN A COLLEGE TOWN Finding the right place to retire can be difficult. On… Read More

7 years ago
  • Retirement Life

BEST PLACES IN EVERY STATE TO LIVE ON A FIXED INCOME

The average Social Security benefit for retired workers in 2017 was $1,369 per month. That… Read More

7 years ago
  • Retirement Life

THESE 23 BUDGET CITIES HELP SENIORS TO RETIRE WITH $1500/MONTH

Finding space in your budget to save and invest money isn’t easy for everyone. In… Read More

7 years ago