$1 million will last: 11 years, 11 months
If you retire with $1 million in Hawaii, you have just shy of a dozen years to ride out your savings. At $5,626 a year, the cost of groceries is by far the highest in the nation, and housing is no picnic, either. At $46,478 a year, housing costs in Hawaii blow away the next-most-expensive state by nearly $16,000 a year. In all, annual expenditures are nearly $23,000 more in Hawaii than the next-priciest state.
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