How much money do physicians need to retire comfortably in every state?

Hawaii is the most expensive state for physicians to retire in, costing retirees nearly $100,000 a year to live comfortably, according to 2023 data from the World Population Review. 

When determining the amount of savings required for retirement by state, the World Population Review considered factors including life expectancy, average age of retirement and yearly expenses for someone age 65 and older in each state. 

Average savings required for a comfortable retirement by state: 

1. Hawaii: $1.84 million 
2. California: $1.46 million 
3. New York: $1.41 million 
4. Alaska: $1.34 million 
5. Oregon: $1.34 million 
6. Connecticut: $1.25 million 
7. New Jersey: $1.20 million 
8. Massachusetts: $1.16 million 
9. Maryland: $1.11 million 
10. Maine: $1.09 million
11. Washington: $1.09 million
12. Vermont: $1.08 million
13. Rhode Island: $1.07 million 
14. Delaware: $1.01 million 
15. Nevada: $1.01 million 
16. Arizona: $1.01 million 
17. Minnesota: $991,075 
18. Colorado: $977,496
19. New Hampshire: $946,850 
20. Florida: $927,008 
21. Wisconsin: $924,679 
22. Virginia: $884,833
23. New Mexico: $883,291 
24. Illinois: $882,770 
25. Utah: $872,580 
26. Idaho: $871,620 
27. North Carolina: $865,499
28. Michigan: $864,929 
29. Pennsylvania: $856,876 
30. Montana: $839,096 
31. Wyoming: $824,062 
32. North Dakota: $823,764
33. Iowa: $820,698 
34. Nebraska: $806,220
35. Georgia: $796,984
36. West Virginia: $787,357 
37. Indiana: $784,891 
38. South Carolina: $784,197 
39. Louisiana: $776,987 
40. Ohio: $776,788 
41. Missouri: $771,281 
42. Texas: $765,223 
43. Kentucky: $738,492 
44. South Dakota: $738,337 
45. Kansas: $732,681 
46. Arkansas: $728,010 
47. Oklahoma: $723,859 
48. Alabama: $712,832 
49. Tennessee: $660,870 
50. Mississippi: $617,661