Looking to retire early?
Some states will require more saving than others.
Gary John Norman/Getty Images
Getting toretire is a major accomplishment.
An older couple out sailing together.Credit:Gary John Norman/Getty Images
It means you’ve worked hard, invested well, and earned yourself all those golden years to come.
That all depends on where you live.
GoBankingRatesreleased its latest data on how much money people need to save monthly for a comfortable retirement.
The calculations also included the average monthly Social Security benefits at $1,876 for one person.
Specifically, for a comfortable retirement to age 85, you’ll need $3,105,384.
But there are still plenty of places where $500,000 in savings offers a comfortable retirement.
However, if that’s still too much for you, you could always look at retiring abroad.
