When the topic of your retirement plan arises, the first thing that pops into your mind is how much money you should have saved. It is to be considered that the ideal amount of cash to save for retirement is $1 million.
But for some, this number is impossible to achieve. Even so, there are many people in the same situation, so no need to despair. There’s a recent study that looked at the cost of living in America’s major cities and calculated how long a nest egg of $650,000, $750,000, or $850,000 would be sufficient.
And the results are very optimistic. We thought of sharing this optimism and made a list of 10 cities where you can easily and happily retire in the U.S. for less than $1 million.