Ohio and Kentucky are good places to live if retirees are looking for their money to last longer.
Ohio and Kentucky are good places to live if retirees are looking for their money to last longer, according to a study from howmuch.net .
Retirees can live more than 23 years on $1 million in Ohio and Kentucky.
In Hawaii, $1 million savings can only last about 13 years due to a high cost of living, but if retirees head to Mississippi or Arkansas the savings will last 25 years, according to the study.
Howmuch.net compared the cost of living index and the average spending of people 65 years and older.
Howmuch
In Ohio, $1 million lasts 23 years and 8 months. In Kentucky $1 million last 23 years and 5 months.
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