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The wealthiest state for average retirement savings is Connecticut, at $545,754, with Alaska and Vermont following closely at $503,822 and $494,569, respectively. ... Massachusetts. Average ...
Many retirees even consider picking up and setting roots in a whole new state. Learn More: Retirement Living: ... Massachusetts. Total Monthly Costs: $5,764. Average Monthly Mortgage: $3,597.
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
In order to determine the average retirement age at the national and state level, SmartAsset analyzed U.S. Census Bureau microdata on labor force participation, from the years 2009 to 2013.
Massachusetts is known for its progressive politics, and is a stronghold of American Liberalism and the Democratic Party. In a 2018 Gallup poll Massachusetts was the state with the highest percentage of its population identifying as liberal and the lowest percentage identifying as conservative, at 35% and 21% respectively.
Wyoming. Realistic retirement age: 55 How much savings you need to retire: $895,029 Total savings at 55: $916,094 Methodology: To determine the most realistic retirement age in every state ...
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