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2023-10-12 Economy

'How much do you REALLY need to retire? Fascinating map shows the income needed for senior citizens to live comfortably in each state

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Posted by Skidmark 2023-10-12 01:21|| || Front Page|| [12 views ] Top

#1 ...Ummmm....no. At least where SC is concerned, that number is too high, OH is WAY too low, and a bunch of others just don't make any sense.

Mike

Posted by MikeKozlowski 2023-10-12 04:36|| 2023-10-12 04:36|| Front Page Top

#2 so much for that Hawaiian retirement thing.

Posted by Mercutio 2023-10-12 09:15|| 2023-10-12 09:15|| Front Page Top

#3 Hawaii retirement is great if you dont mind living with the highest unemployment in the country and the other great social outcomes of very high unemployment

Posted by 746 2023-10-12 13:53|| 2023-10-12 13:53|| Front Page Top

#4 Lived there 17 years - relatively low unemployment due to tourist industry. Covid and harsh LSD shutdown put paid to that.

Posted by Mercutio 2023-10-12 13:56|| 2023-10-12 13:56|| Front Page Top

#5 Spending estimates were then adjusted for each state by scaling each cost category by its corresponding cost of living index score.

So some opportunity to bend the data to fit the curve.

Posted by Bobby 2023-10-12 15:06|| 2023-10-12 15:06|| Front Page Top

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