Unbelievable Amount You Need to Retire ‘Comfortably’ in Missouri

I think it's safe to say that most people have a goal of retiring 'comfortably', but what does that mean exactly? If you plan to sail off into a golden sunset in Missouri, you better start saving based on a number I've just seen shared that puts a mammoth price on the word 'comfortably'.

How much money do you need to live without worries? I have a number in my head, but that's apparently more proof that I've very bad at math. I did some research into what people smarter than me think is a reasonable number to retire in Missouri. One of the most detailed articles I found was 24/7 Wall St.

According to their methodology, they used data from the Bureau of Labor Statistics, the Bureau of Economic Analysis, and the National Center for Health Statistics. They even allowed for 2% inflation which sounds low. But, the retirement number they came up with for Missourians to retire comfortably is staggering.

You might want to sit down for this. They said that to retire 'comfortably' in Missouri at the age of 65 you need...(*drum roll*)...$1,220,514.

Now for the good news. Missouri's retirement cost is 8% cheaper than the national average. How many rich people live in America anyway?

I don't want to cross the sharing boundary, but my retirement plan now includes a cardboard sign and a magic marker. What about you?

For the record, Hawaii and California are the most expensive states to retire in. Illinois came in at #16 for what it's worth - literally.