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The foundation to any long-lasting retirement is a healthy savings account, especially because Social Security is intended only to replace approximately 40% of an average American’s pre-retirement income. Augmenting your Social Security payments with a sizeable savings can extend your retirement for years, even decades — depending on the state you live in.
Check Out: How Much Money Is Needed To Be Considered Middle Class in Every State?
Also See: 5 Clever Ways Retirees Are Earning Up To $1K per Month From Home
To determine just how far a robust savings account of $750,000 (combined with Social Security) could last in every state, GOBankingRates cross-referenced the national average annual expenditures for people 65 and older with the annual Social Security income of the average American. GOBankingRates then created state-level annual expenditure estimates and contrasted those numbers against a savings amount of $750,000.
From that matrix, GOBankingRates was able to assess how far Social Security plus $750,000 could go toward retirement in every state, organized from most affordable to least.
Also see how far $1 million and Social Security lasts around America.
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Key Findings
Six states share ties: Iowa and Tennessee, Georgia and South Dakota, and New Mexico and South Carolina are each tied with one another in terms of how long $750,000 will last.
In one state, $750,000 won’t even last a decade: Hawaii is well known as the most expensive state in the union. Because of this, $750,000 will stretch only 8.7 years.
Meanwhile, $750,000 can last nearly 30 years in the Sooner State: Thanks to a very low cost of living, Oklahoma can make $750,000 can last just over 27 years.
Discover More: How Long $1 Million in Retirement Will Last in Every State
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1. Oklahoma
Annual cost of living after Social Security: $27,649
How many years $750,000 will last: 27.1
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2. Mississippi
Annual cost of living after Social Security: $28,3245
How many years $750,000 will last: 26.5
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3. Alabama
Annual cost of living after Social Security: $29,799
How many years $750,000 will last: 25.2
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4. West Virginia
Annual cost of living after Social Security: $29,922
How many years $750,000 will last: 25.1
Read Next: America’s 50 Most Expensive Retirement Towns
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5. Kansas
Annual cost of living after Social Security: $30,413
How many years $750,000 will last: 24.7
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6. Missouri
Annual cost of living after Social Security: $30,475
How many years $750,000 will last: 24.6
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7. Arkansas
Annual cost of living after Social Security: $30,659
How many years $750,000 will last: 24.5
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8. Iowa (tie)
Annual cost of living after Social Security: $31,273
How many years $750,000 will last: 24.0
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8. Tennessee (tie)
Annual cost of living after Social Security: $31,273
How many years $750,000 will last: 24.0
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10. Indiana
Annual cost of living after Social Security: $31,458
How many years $750,000 will last: 23.8
Find More: 5 Southern States Where $750,000 in Retirement Savings Lasts Longest
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11. Texas
Annual cost of living after Social Security: $31,581
How many years $750,000 will last: $23.8
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12. North Dakota
Annual cost of living after Social Security: $31,888
How many years $750,000 will last: 23.5
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13. Nebraska
Annual cost of living after Social Security: $32,072
How many years $750,000 will last: 23.4
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14. Georgia (tie)
Annual cost of living after Social Security: $32,195
How many years $750,000 will last: 23.3
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14. South Dakota (tie)
Annual cost of living after Social Security: $32,195
How many years $750,000 will last: 23.3
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16. Kentucky
Annual cost of living after Social Security: $32,256
How many years $750,000 will last: 23.3
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17. New Mexico (tie)
Annual cost of living after Social Security: $32,625
How many years $750,000 will last: 23.0
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17. South Carolina (tie)
Annual cost of living after Social Security: $32,625
How many years $750,000 will last: 23.0
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19. Louisiana
Annual cost of living after Social Security: $32,748
How many years $750,000 will last: 22.9
Explore More: I Asked ChatGPT To Plan a $100,000 a Year Retirement — Then Had a Financial Planner Review It
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20. Ohio
Annual cost of living after Social Security: $32,809
How many years $750,000 will last: 22.9
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21. Minnesota
Annual cost of living after Social Security: $33,669
How many years $750,000 will last: 22.3
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22. Michigan
Annual cost of living after Social Security: $33,976
How many years $750,000 will last: 22.1
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23. Wyoming
Annual cost of living after Social Security: $34,345
How many years $750,000 will last: 21.8
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24. Illinois
Annual cost of living after Social Security: $34,714
How many years $750,000 will last: 21.6
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25. Pennsylvania
Annual cost of living after Social Security: $35,451
How many years $750,000 will last: 21.2
Find Out: How Much You Need To Save Monthly To Retire Comfortably in Every State
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26. North Carolina
Annual cost of living after Social Security: $35,635
How many years $750,000 will last: 21.1
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27. Wisconsin
Annual cost of living after Social Security: $35,819
How many years $750,000 will last: 20.9
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28. Nevada
Annual cost of living after Social Security: $36,372
How many years $750,000 will last: 20.6
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29. Idaho
Annual cost of living after Social Security: $36,618
How many years $750,000 will last: 20.5
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30. Utah
Annual cost of living after Social Security: $36,679
How many years $750,000 will last: 20.5
See More: How the Average Retirement Account Compares to the Top 10% of Savers
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31. Florida
Annual cost of living after Social Security: $36,925
How many years $750,000 will last: 20.3
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32. Virginia
Annual cost of living after Social Security: $37,294
How many years $750,000 will last: 20.1
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33. Colorado
Annual cost of living after Social Security: $38,891
How many years $750,000 will last: 19.3
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34. Delaware
Annual cost of living after Social Security: $38,952
How many years $750,000 will last: 19.3
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35. Arizona
Annual cost of living after Social Security: $42,638
How many years $750,000 will last: 17.6
Also See: Here’s How Much You Need To Retire With a $100K Lifestyle
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36. New Hampshire
Annual cost of living after Social Security: $42,884
How many years $750,000 will last: 17.5
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37. Montana
Annual cost of living after Social Security: $43,253
How many years $750,000 will last: 17.3
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38. Oregon
Annual cost of living after Social Security: $44,481
How many years $750,000 will last: 16.9
39. Rhode Island
Annual cost of living after Social Security: $45,464
How many years $750,000 will last: 16.5
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40. Vermont
Annual cost of living after Social Security: $45,649
How many years $750,000 will last: 16.4
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41. Washington
Annual cost of living after Social Security: $45,771
How many years $750,000 will last: 16.4
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42. Connecticut
Annual cost of living after Social Security: $45,894
How many years $750,000 will last: 16.3
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43. Maine
Annual cost of living after Social Security: $45,956
How many years $750,000 will last: 16.3
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44. New Jersey
Annual cost of living after Social Security: $46,201
How many years $750,000 will last: 16.2
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45. Maryland
Annual cost of living after Social Security: $48,843
How many years $750,000 will last: 15.4
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46. New York
Annual cost of living after Social Security: $53,573
How many years $750,000 will last: 14.0
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47. Alaska
Annual cost of living after Social Security: $54,249
How many years $750,000 will last: 13.8
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48. California
Annual cost of living after Social Security: $59,778
How many years $750,000 will last: 12.6
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49. Massachusetts
Annual cost of living after Social Security: $68,440
How many years $750,000 will last: 11.0
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50. Hawaii
Annual cost of living after Social Security: $86,194
How many years $750,000 will last: 8.7
Methodology: In order to find how long $750,000 will last in retirement across the country, GOBankingRates first found (1) the national average annual expenditures for people 65 and older, sourced from the Bureau of Labor Statistics’ 2024 Consumer Expenditure Survey data, and (2) annual Social Security income, as sourced from the Social Security Administration’s December 2025 data. Then, GOBankingRates created (2) state-level annual expenditure estimates by multiplying the national figure by each state’s overall cost-of-living index for Q3 2025 from the Missouri Economic Research and Information Center. Finally, GOBankingRates found (3) how many years $750,000 will last in each state by dividing $750,000 by each state’s average annual expenditures estimate and its annual expenditures estimate minus yearly Social Security income. All data was collected on Jan. 22, 2026.
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This article originally appeared on GOBankingRates.com: How Far $750K Plus Social Security Goes Toward Retirement in Every State
