One million dollars has long been thought of as the amount needed to retire comfortably, but that is likely not enough in many major cities. Learn More: 8 Things To Cut From Your Budget Now If You're.
You might imagine that retiring to a small town would help you enjoy a more relaxed lifestyle while enjoying a less expensive way of life than you'd find in the big city. However, if you settle in one.
Retirees are drawn to large metros because they are more likely to have a wide variety of amenities, good transportation, access to leisure and cultural activities, and opportunities for connection.
Where you live matters for several reasons. You might want to be close to family or nature and attractions. But cost of living also comes into play especially when you retire and transition to a.
Want to retire early? Depending on where you live, you may need to step up your nest egg savings to reach this milestone. To find out how much is needed in savings to retire at 40,.