I have seen a graphic that showed how much money somebody needs to comfortably retire early at age 55 in the USA. Now Hawaii was clearly the leader of the pack, where you need 3.07 million US$ to retire, followed by California and New York with 2.23 and 2.18 million US$ respectively! Even in the cheapest state, Mississippi, one needs 1.4 million US$ to retire early! I got two questions to this: 1: How accurate are these numbers? 2: Is this even attainable by the average US worker?
I have seen a graphic that showed how much money somebody needs to comfortably retire early at age 55 in the USA.
Now Hawaii was clearly the leader of the pack, where you need 3.07 million US$ to retire, followed by California and New York with 2.23 and 2.18 million US$ respectively!
Even in the cheapest state, Mississippi, one needs 1.4 million US$ to retire early!
I got two questions to this:
1: How accurate are these numbers?
2: Is this even attainable by the average US worker?