States Where Your Retirement Will Cost Less Than $45,000 a Year

Title: States Where Your Retirement Will Cost Less Than $45,000 a Year

Article Snip: "...To help you choose the perfect place to retire, GOBankingRates used data from the Bureau of Labor Statistics to find the top 10 states where you can live out your golden years for less than $45,000 annually The study analyzed factors like groceries, housing, utilities, transportation, healthcare and the overall cost-of-living index in each state, all of which contribute heavily to your yearly expenses in retirement. These indices were then multiplied by the average annual expenditures of Americans aged 65 and older, which provided the final ranking of the top 10 states. ..."

Reference: yahoo.com
Best States to Retire

Early retiree’s net worth is down over $200,000 since 2021, but he’s not going back to work: ‘That is the worst-case scenario’

Title: Early retiree’s net worth is down over $200,000 since 2021, but he’s not going back to work: ‘That is the worst-case scenario’

Article Snip: "...Adcock hasn’t even considered the possibility of returning to full-time work, or even picking up a side hustle. “Absolutely, positively not. That’s never entered my head even a little bit,” says Adcock, who previously worked in information technology for 14 years. “That is the worst-case scenario.”..."

Reference: www.cnbc.com

St. Mary's County Navy retiree wins $100,000 scratch-off prize

Title: St. Mary's County Navy retiree wins $100,000 scratch-off prize

Article Snip: "...BALTIMORE, Md. (August 17, 2022)—He enjoys playing Maryland Lottery scratch-offs that offer prizes totaling six digits or more, so when the retired U.S. Navy man claimed a prize Aug. 9 at Maryland Lottery headquarters in Baltimore, it was for a substantial sum: $100,000! The loyal player sets money aside for recreation, using only those funds to enjoy his Lottery hobby and sticking to a strict limit. ..."

Reference: somd.com
Old Devil Doc, Lottery in Retirement,

The Number Of Years $100,000 Will Add To Your Retirement Fund, Visualized

Title: The Number Of Years $100,000 Will Add To Your Retirement Fund, Visualized

Article Snip: "...Their model estimated spending at $50,595 per year, based on the average amount for persons between the ages of 65 and 74. They determined social security would cover nearly 39 percent of those yearly costs, leaving a retiree with around $2,559 worth for out-of-pocket expenses, which according to estimations could bump up by 2.2 percent each year...."

Reference: digg.com
Retirement Financial Planning, Retirement Savings,

Gardening in Retirement Grows in Popularity

Title: Gardening in Retirement Grows in Popularity

Article Snip: "...When people retire, especially from laborious jobs,they desire to wind down from working for someone else or a... Here is an example of a pond and garden being developed over time. In this example, a 41 year retiree from the federal government, says his pond area is simply an easy way to bring nature to your backyard while increasing aesthetic value. Join us for a 9 minute tour of a north Alabama backyard pond and garden. "

Reference: A Backyard Water Garden