A million-dollar nest egg for retirement sounds good, right? For any prospective retiree it can be a great start, a goal, or an aspirational figure you expect to take you comfortably through your retirement years. However, that million-dollar retirement fund will get you a lot further in some cities than it will in others. For the second year, SmartAsset has released a study to determine where $1M lasts the longest. The study factored in expenses for housing, food, healthcare, utilities and more to determine where $1 million lasts the longest in Virginia for retirees.
For more information on the top places in Virginia check out the table below:
Additional details on the study, including the full methodology and interactive map, can be found here: https://smartasset.com/financial-advisor/virginia-top-financial-advisors#virginia