Not only do the folks here have less money saved for retirement, but it sounds like they are also keeping their money in the wrong types of accounts. Curious to see if you call this state home? You can find out more below.
SmartAsset went through and ranked 40 U.S. states—Wyoming, Vermont, Rhode Island, South Dakota, North Dakota, New Hampshire, Nebraska, Maine, Delaware, and Alaska were all left out of the report due to a lack of information—to determine which were the best and worst when it came to retirement preparedness.
Related: These Are the 3 Worst-Ranked Florida Cities to Retire In
Mississippi Wasn't the Only State to Get Low Marks
While Mississippi was definitely at the bottom of the SmartAsset list, it wasn't alone, and several other states landed at the bottom of the list, including:
KentuckyLouisianaAlabamaOklahomaRelated: This State Was Just Named the Worst Place To Retire in the U.S.
Of course, it's always better to have more saved for retirement than less, but the numbers aren't the only thing that you should be looking at if you live in one of the states at the bottom of the list...you may actually be doing better than you think you are when it comes to how much you'll need to spend in your golden years.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
Hence then, the article about the most risky state for your retirement savings was published today ( ) and is available on Parade ( Saudi Arabia ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( The Most Risky State For Your Retirement Savings )
Also on site :