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Retirees Face $109K Shortfall in 41 States
Retirees in 41 states face a grim financial reality: they may outlive their savings by an average of $109,000. High-cost states like California and New York see the biggest gaps, while only nine states offer a surplus. With lifespans rising and 8% of non-retirees already tapping their savings for daily expenses, experts urge planning ahead—especially for long-term care costs. Choosing where to retire shouldn’t be an afterthought; it should be part of your financial strategy, ideally including long-term care insurance while you’re still earning. Support the show:Get a discount at…
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