Heather Taylor

1 week ago | gobankingrates.com | Heather Taylor |Chris Cluff

In West Virginia, retirees depend on receiving Social Security more than any other U.S. state. GOBankingRates determined how much American retirees rely on Social Security by analyzing each state’s households with Social Security income. The percent of households that receive Social Security income was calculated and the states were sorted to show the places with the highest percent of households receiving Social Security checks.

1 week ago | sg.finance.yahoo.com | Heather Taylor

In West Virginia, retirees depend on receiving Social Security more than any other U.S. state. That’s Interesting: I’m Retired and Regret Claiming Social Security at 70 — Here’s Why Try This: These 10 Used Cars Will Last Longer Than an Average New Vehicle GOBankingRates determined how much American retirees rely on Social Security by analyzing each state’s households with Social Security income.

1 week ago | sg.finance.yahoo.com | Heather Taylor

Regardless of how much every Southern state’s cost of living is, $500,000 in retirement savings coupled with Social Security benefits can fund at least 13 years of retirement — if not more. Learn More: I’m Retired and Regret Claiming Social Security at 70 — Here’s Why See Next: 5 Types of Vehicles Retirees Should Stay Away From Buying Take a look at how many years worth of retirement you can get out of this savings in the South.

1 week ago | gobankingrates.com | Heather Taylor |Chris Cluff

Number of years $500,000 will last with Social Security: 17.96 Annual expenditure: $50,954 Annual expenditure after Social Security: $27,846 Methodology: In order to find how long $500,000 will last across the country with Social Security, GOBankingRates first found (1) the national average annual expenditures for people 65 and older, sourced from the Bureau of Labor Statistics’ 2023 Consumer Expenditure Survey data and (2) annual Social Security income from the Social Security...

1 week ago | ca.finance.yahoo.com | Heather Taylor

Households earning $100K to $150K in 2018: 3,678 Households earning $100K to $150K in 2023: 7,314 Percentage change in high-earning households: 98.9% Household median income: $67,521 Households earning $100K to $150K in 2018: 5,676 Households earning $100K to $150K in 2023: 11,079 Percentage change in high-earning households: 95.2% Household median income: $50,994 Trending Now: How Much You Need To Earn To Be Upper Middle Class in Every State Households earning $100K to $150K in 2018: 5,421...