The study shows how long a social insurance would, $ 1.5 million nesting an egg lasted in 50 countries
Ramsey Solutions Financial Expert George Kamel weighs Americans who make past pensions and provides advice to investors.
The appearance of retirement of nests and benefits for social security are key sources of funds for many Americans because they live their golden years in a state of their choice.
Recently published study from gobankingrates He looked at the financial runway that pensioners would have in each country with social security fees and $ 1.5 million on socks to retire, revealing that Western Virginia would offer most of the years before living the cost of their pension savings.
Mountain State took 1st place with $ 1.5 million pension savings, it is expected to hold pensioners there over a whopping 54 years, while facing about $ 27,800 life costs each year after Benefits of social securityAccording to the study.
The Social Insurance Directorate (SSA) allows Americans to access their pensions for social security from 62 years, although the payments “will be reduced by a small percentage for each month before your full pension” if they do so, according to the SSA. Someone’s “full retirement age” depends on when a person was born.
Social Insurance Payments to increase for recipients of public pensions
GobankGrates said he used data from a series of sources, including a bureau for work statistics, SSA and Missouri Economic Research and Information Center, to determine his scale of how the countries are set in terms of time that would socially insurance and $ 1.5 million in retirement pensioners resides in them.
Overall, the study showed that these two sources of funds would provide different amounts of years of “financial security” for retirees in countries across the country. The cost of life of the states after social insurance ranged from $ 27,803 to $ 87,770 a year, he found.
401 (K) Claims have been achieved by the second highest record: Fidelity
Gobankingrate found a $ 1.5 million year number and social insurance He would hold Retirees in every country were:
Western Virginia: 54 years ($ 27,803 Post -Social Security Costs per year)
Charleston is the capital and largest city of the US state of Western Virginia. Slightly processed using HDR technique (East / East)
Kansas: 52 years ($ 28,945 after social safety costs per year)
Mississippi: 51 years ($ 29,426 after social safety costs per year)
Oklahoma: 51 years ($ 29,666 after social safety costs per year)
Alabama: 50 years ($ 30.207 after social safety costs per year)
Missouri: 50 years ($ 30,327 after social safety costs per year)
Arkansas: 49 years ($ 30,237 Post -Social Security Costs per year)
Tennessee: 49 years ($ 30.928 after social safety costs per year)
Iowa: 48 years ($ 31,168 after social safety costs per year)
Indiana: 47 years ($ 31,709 post -Social living costs per year)
Air View to Indianapolis downtown with state houses in Indiana (East / East)
Georgia: 47 years ($ 31,829 Post -Social Security Costs per year)
North Dakota: 47 years ($ 32,190 after social safety costs per year)
Michigan: 46 years ($ 32,310 Post -Social Security Costs per year)
South Dakota: 46 years ($ 32,310 Post -Social Security Costs per year)
Texas: 46 years ($ 32,490 after social safety costs per year)
Nebraska: 46 years ($ 32,610 Post -Social Security Costs per year)
Kentucky: 46 years ($ 32,670 Post -Social Security Costs per year)
New Mexico: 46 years ($ 32,670 Post -Social Security Costs per year)
Louisiana: 45 years ($ 33,031 after social safety costs per year)
Air view from the central Baton Rouge from the State Capitol building, looking toward the bridge and the Mississippi River. (East / East)
Montana: 45 years ($ 33,331 after social safety costs per year)
Ohio: 44 years ($ 33,827 after social safety costs per year)
Pennsylvania: 44 years ($ 33,872 after social safety costs per year)
South Carolina: 44 years (US $ 34,052 After social safety costs per year)
Minnesota: 44 years ($ 34,113 after social safety costs per year)
Wyoming: 44 years ($ 34,173 after social safety costs per year)
Illinois: 44 years ($ 34,233 Post -Social Security Costs per year)
North Carolina: 42 years ($ 35,495 after social safety costs per year)
Downtown Raleigh, North Carolina, American drone Skyline Aerial. (East / East)
Maryland: 41 years ($ 36,276 after social safety costs per year)
Wisconsin: 41 years ($ 36,516 post -Social security costs per year)
Nevada: 41 years ($ 26,997 after social safety costs per year)
Delaware: 40 years ($ 37,057 after social safety costs per year)
Virginia: 40 years ($ 37,237 Post -Social Security Costs per year)
Idaho: 39 years ($ 38,379 Post -Social Security Costs per year)
Florida: 39 years ($ 38,379 Post -Social Security Costs per year)
Wallethub posted a report on Monday to find the best US states to withdraw in 2022. Florida was on top of the list. Tallahassee, Florida, is a picture. (East)
Colorado: 39 years ($ 38,559 Post -Social Security Costs per year)
Utah: 35 years ($ 42,645 after social safety costs per year)
Oregon: 35 years ($ 42,945 after social safety costs per year)
New Hampshire: 34 years ($ 43,847 Post -Social Security Costs per year)
Connecticut: 34 years ($ 43,967 Post -Social Security Costs per year)
Rhode Island: 34 years ($ 44,387 Post -Social Security Costs per year)
Arizona: 34 years ($ 44,628 after social safety costs per year
Maine: 33 years ($ 45,048 after social safety costs per year)
Washington: 33 years ($ 45,108 after social safety costs per year)
Vermont: 33 years ($ 45,409 after social safety costs per year)
New Jersey: 33 years ($ 45,829 Post -Social Security Costs per year)
The Capital State in New Jersey glows as the sun sets the Delaware River in the backdrop of the city of Trenton (East)
Alaska: 29 years ($ 50,997 after social safety costs per year)
New York: 29 years ($ 50,997 Post -Social Security Costs per year)
California: 24 years ($ 63,795 USD Post -Social Security Cost Living per year)
Massachusetts: 23 years ($ 65,117 Post -Social Security Costs A year)
Hawaii: 17 years ($ 87,770 after social safety costs per year)
