Where to Comfortably Retire

Billy Chapel: Are you saying I should retire?
Gary Wheeler: Why not? It wouldn't hurt the negotiations. And it would serve those sons of bitches right.
Billy Chapel: I don't know...I don't know what to say.
Gary Wheeler: Well, you know...you can't tell me you haven't thought about it. And you've been smart with money, right?
--For Love of the Game

Study maps how much it costs to retire comfortably in the various states. The analysis factors in life expectancy, average living expenses for age 65+ (including a 20% fudge factor), cost of living for each state, and the average retirement age for each state (retiring younger requires more savings).

Good to see Ohio in one of the lighter shades. Per this study, a retiree requires a nest egg of $777K to comfortably stop working in the Buckeye State at the average age of 63.

Most expensive state: Hawaii. Predictably, Cali and New York also fall into the high cost bracket.

Cheapest area is the south. Mississippi and Alabama are both estimated to require less than $700K to retire comfortably. Plus, you get the warm weather as a bonus!