Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Home Newsletters Next Share

More Americans now think they need at least $1 million to retire. Here are the 10 US states where that amount will last the longest.

Matthew LohFeb 28, 2023, 14:42 IST

More Americans now expect they need $1 million to retire comfortably.MoMo Productions/Getty Images

Studies show more Americans are starting to expect needing $1 million to retire comfortably.
A new analysis by GoBankingRates compared how long those savings will last a retiree in each state.

More Americans now expect they need at least $1 million to retire safely — and that's on the low side of estimates.

MoMo Productions/Getty Images

10. Arkansas

Aerial view of Arkansas.Marli Miller/UCG/Universal Images Group via Getty Images

9. Tennessee

Cumberland River.Joe Sohm/Visions of America/Universal Images Group via Getty Images

8. Indiana

IndianapolisJoe Sohm/Visions of America/Universal Images Group via Getty Images

7. Ohio

Scioto River in Columbus.Joe Sohm/Visions of America/Universal Images Group via Getty Images

6. Georgia

Atlanta, Georgia.Joe Sohm/Visions of America/Universal Images Group via Getty Images

5. Iowa

Des Moines, Iowa.Joe Raedle/Getty Images

4. Kansas

Wichita, Kansas.Joe Sohm/Visions of America/Universal Images Group via Getty Images

3. Alabama

Birmingham, Alabama.Isabella Pino/REDA&CO/Universal Images Group via Getty Images

2. Oklahoma

Oklahoma City, Oklahoma.Visions of America/Universal Images Group via Getty Images

1. Mississippi

Jeremy Woodhouse/Getty Images

Bleak photos show the reality of the cobalt mining industry responsible for the batteries in your phone, computer, and car