Retirement can last over 25 years, and in many states, that could cost nearly $3 million. A Dec. 29 report from CNBC, based on data from banking information provider GoBankingRates, has named 10 states where having $1 million in your retirement fund will last the longest.
Ten states where savings go the furthest, and how long you can live on $1 million:
1. Mississippi: 25.3 years
2. Oklahoma: 24.8 years
3. Kansas: 24.6 years
4. Alabama: 24 years
5. Iowa: 23.8 years
6. Georgia: 23.8 years
7. Indiana: 23.5 years
8. Tennessee: 23.5 years
9. Arkansas: 23.4 years
10. Michigan: 23.4 years