The Reality of Retirement in America The study in question crunched numbers on how long a retiree with $1.5 million and Social Security could last in each state. It turns out, West Virginia is your best bet, stretching that cash out for 54 years, with a post-Social Security cost of living at about $27,800 a year. Other top states where your money kind of holds up: Kansas – 52 years Mississippi – 51 years Oklahoma – 51 years Alabama – 50 years But let’s talk about the financial death traps. If you retire in Hawaii, you’ll burn through your savings in 17 years thanks to $87,770 a year in living costs. California? A mere 24 years before you’re out of…

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