Tuesday, March 21, 2023

New York tops list of least affordable states to retire in

Title: New York tops list of least affordable states to retire in

Article Snip: "The Empire State ranked at the very bottom in terms of affordability, and 46th overall when factoring in quality of life and healthcare, according to a report by WalletHub comparing all 50 states. ...The report noted that even with $1 million in retirement savings, the average person would only be able to cover about 14 years of expenses. “Retirees must evaluate the burden of state and local taxes when making their residential decisions..."

Reference: nypost.com
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