Looking for for a state to settle down in retirement and not have to worry about your nest egg dwindling very fast? Come on over to the Hoosier state.
In a recent listing showing how far $1 Million will last you in retirement, Indiana ranked basically in the top 3. States who ranked 1 – 10 only had a few month separating them. Even if you don’t have $1 Million in retirement, this is still a good assessment for how long your dollars will last.
Here’s Indiana’s write up via Time.com:
If you retire in Indiana, you can enjoy costs across all categories that are lower than the national average. Groceries cost $3,235 annually. Transportation costs will run you $6,380. At $5,324 a year, healthcare is relatively cheap. The real savings, however, come from housing costs, which average just $12,082 a year.