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International Business Times UK
International Business Times UK
Akshay Puri

The States Where Americans Have the Most Retirement Savings and Where They Have the Least

New figures based on US Census Bureau data reveal how wages, living costs, and taxes shape retirement savings across the US. (Credit: MART PRODUCTION/Pexels.com)

For millions of Americans, retirement is more than a distant milestone. It represents financial security after decades of work. Yet where you live could have a significant impact on how much you manage to save before leaving the workforce.

New figures based on US Census Bureau data, compiled by Yahoo Finance, reveal striking differences in retirement savings across the country. While households in some states have built retirement funds well above $100,000, others are approaching retirement with balances that are only a fraction of that amount.

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