Best State to Retire

The Million Dollar Question

“If I had a million dollars, I’d be rich!” or so the lyric from the Barenaked Ladies song proclaims. But a $1 million is not the sum it used to be. A new report from GOBankingRates measures how long a million dollars would last for retirees 65 and older, state by state. It did this by multiplying the Bureau of Labor Statistics’ mean annual expenditures for that age group by a cost-of-living measure for each state...