States Where $1M in Savings Won’t Last Long for Retirees – Newser

Is having $1 million in savings enough to retire? A lot depends on where you live, according to an analysis by GoBankingRates. By its reckoning, a stash of that size wouldn’t last very long in Hawaii, for example, but it would go a long way in West Virginia. The best and worst states from the study—which assumes people also will have Social Security payments:
The best

1. West Virginia: 88.70 years (the estimate for how long $1 million plus Social Security would last)
2. Mississippi: 87.16 years
3. Arkansas: 76.93 years
4. Louisiana: 76.54 years
5. Oklahoma: 71.18 years
6. Kentucky: 69.17 years
7. Alabama: 67.23 years
8. Iowa: 65.97 years
9. Kansas: 65.29 years
10. Ohio: 62.12 years

The worst

41. Rhode Island: 27.09 years
42. Oregon: 26.78 years
43. Utah: 26.46 years
44. New Hampshire: 26.28 years
45. Colorado: 25.15 years
46. New Jersey: 24.20 years
47. Washington state: 21.92 years
48. Massachusetts: 19.35 years
49. California: 16.29 years
50. Hawaii: 12.48 years

Read the full list. (Or check out other lists.)