Best States to Retire on a Small Pension or Social Security

A recent poll found that 29% of workers under the age of 55 thought that they would never be able to retire. Within that group, about 75% of them said that the reason why was that they didn’t believe they’d be able to afford to. Unfortunately, for a lot of people that might seem true. About 40% of baby boomers, or those who fall in the 55 to 64 age range, have no retirement savings at all. For those who do have savings, the median amount is about $71,000. As you can imagine, in order to comfortably retire, most people need a lot more than that – over 7X that even just to retire in the cheapest U.S State. And if you’re someone who’s relying on social security benefits in addition to retirement savings, that amount isn’t huge, and as of August 2023, only amounted to $1,705.79 per month.

Today on Across the Globe we’re going to be looking at the Best States to Retire on a Small Pension or Social Security.

► How Much You Need To Live Comfortably In Every State
   • How Much You Need To Live Comfortably...  
► Best English Speaking Countries To Retire, Live or Visit
   • Best English Speaking Countries To Re...  
► Best Countries to Retire on a Small Pension or Social Security
   • Best Countries to Retire on a Small P...  
► Best Places to Live or Retire Comfortably in Mexico
   • Best Places to Live or Retire Comfort...  

While we do our best to provide you with the most accurate information. These are after all just our take based on data we analyzed. You should make your own decisions based on your own experiences by visiting the places we talk about!
SUBSCRIBE for new videos WEEKLY!

🤑 Earn $40 and become an AirBnB Host to unlock extraordinary passive income! Use my link - https://www.airbnb.com/r/tracer25 🤑

Thanks for watching Across The Globe! We put out top ten videos where we share facts and opinions about the world and its geography! If you're a curious person and are intrigued by travel then this is the channel for you!
#retirement #socialsecurity #acrosstheglobe