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8 Best States to Retire With Under $1 Million Saved

January 13, 2023 · Updated June 8, 2023 · Enjoying Retirement
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Photo by Alexander Lukatskiy From Shutterstock

5. Missouri

Total cost of living for one year: $31,877

If you’re looking for an affordable place to retire, the “Show-me” state is ready to receive you with arms wide open! Missouri is the place where midwestern charm, promiscuous adventures, and southern hospitality make a really great combo. Besides being a place where the lost cost of living is in full bloom, Missouri also has some quite unique benefits for all the military veterans.

In addition to the current GI Bill benefits, Missouri also provides continuing education alternatives to veterans, and military pensions are no longer subject to state taxation. What do you think about Missouri? Would you like to move here?

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