If you’re fortunate enough to have $1 million when you retire, a lot of how long you can “survive” depends on what state you’re living in. The folks over at howmuch.net recently crunched the numbers to show the disparity between U.S. states and their impact on drawing down (draining?) your retirement resources. Mississippi and Arkansas top the list at 25 years while Hawaii and the District of Columbia come in at 13 & 14 years respectively. Bottom line, it’s never too late to save for retirement and real estate is a great way to build wealth for those golden years.
Click here to read the full story on howmuch.net.
