Retiring any time can be a challenge, thanks to Americans' well-documented struggle to save enough to live on once the job goes away.
Where you live can make a big difference in how well you can manage financially, and once you've retired it's no different.
Retiring early can present a whole bunch of additional challenges, since drawing Social Security before full retirement age means there will be a smaller check to rely on for the rest of your life—and since you'll still have to pay for health care, choosing a state where those costs are lower can make a big difference in both the short and long runs.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.