Any retiree dreams of having $1 million in his/her pocket when they have finally made the move. However, $1 million in a particular city in the United States can mean a whole other deal in other locations.
So for those who want to retire early, the best thing to do is to go for an affordable place. This is probably the most efficient way of stretching a retirement nest egg.
But the question is…which regions of the country qualify for these standards? According to the most recent data from the Bureau of Labor Statistics and the Department of Housing and Urban Development, which reviewed states mostly located on the West Coast, such as California, Oregon, Washington, Arizona, and Nevada, living with $1 million in your nest egg is troublesome. But let’s find out more!
