If you have the luxury to choose the state in which you'll retire, you might also be looking for a place where you can be financially comfortable on the least amount of money.
The difference in cost to retire varies widely across states, says 24/7 Wall St., with a retired couple able to get by comfortably on just $36,000 a year in one state while in another the same standard of living costs as much as $56,000.
Depending on the cash you've got to see you through retirement, location can make a vast difference. Do you have a pension? Or are you going to be relying on Social Security, whatever you've got stashed in a 401(k), or some other source of money? Do you have investments? A state's tax structure will also determine whether they'll take a bite out of whatever you do have, and that can add up to a lot over the years.
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