Here’s Exactly How Much You Need Saved for Retirement in Your State

South Carolina

How much you need to retire: $1,217,495

Retirees will typically need to spend $48,700 a year in living expenses to get by. Utility costs are comparatively high, coming in at $3,890 a year. The good news for retirees interested in South Carolina is that both housing and transportation costs are comparatively cheap.

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