USA Today Breaking Times

Retirement savings accounts and Social Security payments are major funding sources for numerous Americans as they spend their later years in the states they prefer. A recently-released study from GOBankingRates examined the financial runway that retirees could expect in different states when they had both Social Security benefits and $1.5 million saved up for retirement, discovering that West Virginia provided the longest number of years before expenses would use up their nest egg. The state known as The Mountain State topped the list with an anticipated duration of 54 years from $1.5 million in retirement savings, bearing annual living expenses of approximately $27,800. Social Security benefits as indicated by the research. The Social Security Administration (SSA) allows Americans to access their Social Security retirement benefits early starting at age 62, though payments "will be reduced a small percentage for each month before your full retirem...