Coin Edition
2024-12-23 06:28:29

How Much SHIB for a Chill Retirement? Depends on Your State’s Bill

Retirement costs in the U.S. vary, from $700K to $2M, based on state and living expenses. To retire with $1M using SHIB, you need 45.4 billion tokens at its current price. SHIB’s price would need to rise 1,900% to hit $0.00044 for a $2M retirement goal. The amount of Shiba Inu (SHIB) needed to retire early depends on where you live in the United States. According to an analysis by GOBankingRates, as noted by a CNBC report , retirement expenses vary based on location, with some states requiring more than $1.36 million to cover costs for 25 years. Depending on the state, the U.S.’s retirement cost can range from $700,000 to over $2 million. GOBankingRates calculated the average cost of living for individuals aged 65 years or older in each state. For example, retirees in Hawaii require $2 million to manage 25 years of expenses, the highest sum among all U.S. states. But, those in West Virginia can retire comfortably with less than $700,000 for the same duration. These figures assume retirees are not included in Social Security benefits, which would add to personal savings. According to the Social Security Administration, the payment for the average retire… The post How Much SHIB for a Chill Retirement? Depends on Your State’s Bill appeared first on Coin Edition .

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