Story perspectives

Retirement Costs Exceed $100K in 13 States, Survey Finds

5/24/2026

Summary

Story summary

MoneyLion released an analysis that retirement costs vary by state, with 13 states exceeding $100,000.
The report says Hawaii requires $156,610 after Social Security and West Virginia needs $33,223.
Federal Reserve Bank of St. Louis reports 65+ Americans spent $61,432 in 2024, with housing $22,193.
Schroders’ 2026 survey finds 49% of retirees face higher-than-expected expenses, 58% doubt savings longevity, and 90% worry about inflation while 87% worry about healthcare costs.

1 of 1

Story summary

MoneyLion released an analysis that retirement costs vary by state, with 13 states exceeding $100,000.
The report says Hawaii requires $156,610 after Social Security and West Virginia needs $33,223.
Federal Reserve Bank of St. Louis reports 65+ Americans spent $61,432 in 2024, with housing $22,193.
Schroders’ 2026 survey finds 49% of retirees face higher-than-expected expenses, 58% doubt savings longevity, and 90% worry about inflation while 87% worry about healthcare costs.