Retiring early seems to be on everyone’s minds these days. The growing popularity of the so-called FIRE movement — short for financial independence, retire early — is a testament to how much everyone seems to be craving a slice of “the easy life.” The good news is that in many U.S. states, what most people would call an “early” retirement is within reach.
Find: 10 Reasons You Should Claim Social Security Early
Check Out: 20 Best Places To Live on Only a Social Security Check
Although “full retirement age” for Social Security purposes isn’t until age 67, the average retirement age in every single state — with the exception of the District of Columbia — is below 67. On average, retirees in the U.S. hang up their work boots at age 64, according to Money Talks News.
Of course, to truly live a comfortable retirement takes more than desire — it also takes a large chunk of cash.
Check out when you can expect to retire, based on your state of residence.
Alabama
- Average retirement age: 62
- Annual cost of a comfortable retirement: $49,099
- Retirement savings needed: $883,790
Alaska
- Average retirement age: 61
- Annual cost of a comfortable retirement: $79,249
- Retirement savings needed: $1,505,740
Arizona
- Average retirement age: 63
- Annual cost of a comfortable retirement: $58,327
- Retirement savings needed: $991,560
Arkansas
- Average retirement age: 62
- Annual cost of a comfortable retirement: $47,836
- Retirement savings needed: $861,053
California
- Average retirement age: 64
- Annual cost of a comfortable retirement: $83,279
- Retirement savings needed: $1,332,457
Colorado
- Average retirement age: 65
- Annual cost of a comfortable retirement: $60,357
- Retirement savings needed: $905,350
Connecticut
- Average retirement age: 65
- Annual cost of a comfortable retirement: $70,817
- Retirement savings needed: $1,062,257
Delaware
- Average retirement age: 63
- Annual cost of a comfortable retirement: $58,418
- Retirement savings needed: $993,101
District of Columbia
- Average retirement age: 67
- Annual cost of a comfortable retirement: $94,248
- Retirement savings needed: $1,225,222
Florida
- Average retirement age: 64
- Annual cost of a comfortable retirement: $56,382
- Retirement savings needed: $902,116
Georgia
- Average retirement age: 63
- Annual cost of a comfortable retirement: $50,066
- Retirement savings needed: $851,122
Hawaii
- Average retirement age: 66
- Annual cost of a comfortable retirement: $120,909
- Retirement savings needed: $1,692,722
Idaho
- Average retirement age: 64
- Annual cost of a comfortable retirement: $52,962
- Retirement savings needed: $847,388
Illinois
- Average retirement age: 64
- Annual cost of a comfortable retirement: $54,657
- Retirement savings needed: $874,507
Indiana
- Average retirement age: 63
- Annual cost of a comfortable retirement: $50,697
- Retirement savings needed: $861,848
Iowa
- Average retirement age: 65
- Annual cost of a comfortable retirement: $52,399
- Retirement savings needed: $785,982
Kansas
- Average retirement age: 65
- Annual cost of a comfortable retirement: $50,223
- Retirement savings needed: $753,339
Kentucky
- Average retirement age: 62
- Annual cost of a comfortable retirement: $51,082
- Retirement savings needed: $919,469
Louisiana
- Average retirement age: 62
- Annual cost of a comfortable retirement: $52,695
- Retirement savings needed: $948,503
Maine
- Average retirement age: 63
- Annual cost of a comfortable retirement: $66,752
- Retirement savings needed: $1,134,778
Maryland
- Average retirement age: 65
- Annual cost of a comfortable retirement: $73,111
- Retirement savings needed: $1,096,666
Massachusetts
- Average retirement age: 66
- Annual cost of a comfortable retirement: $77,122
- Retirement savings needed: $1,079,710
Michigan
- Average retirement age: 62
- Annual cost of a comfortable retirement: $51,356
- Retirement savings needed: $924,415
Minnesota
- Average retirement age: 65
- Annual cost of a comfortable retirement: $56,869
- Retirement savings needed: $853,040
Mississippi
- Average retirement age: 63
- Annual cost of a comfortable retirement: $46,993
- Retirement savings needed: $798,874
Missouri
- Average retirement age: 63
- Annual cost of a comfortable retirement: $50,247
- Retirement savings needed: $854,197
Montana
- Average retirement age: 64
- Annual cost of a comfortable retirement: $55,711
- Retirement savings needed: $891,368
Nebraska
- Average retirement age: 65
- Annual cost of a comfortable retirement: $52,439
- Retirement savings needed: $786,583
Nevada
- Average retirement age: 63
- Annual cost of a comfortable retirement: $63,300
- Retirement savings needed: $1,076,107
New Hampshire
- Average retirement age: 65
- Annual cost of a comfortable retirement: $62,011
- Retirement savings needed: $930,159
New Jersey
- Average retirement age: 65
- Annual cost of a comfortable retirement: $67,764
- Retirement savings needed: $1,016,461
New Mexico
- Average retirement age: 62
- Annual cost of a comfortable retirement: $51,556
- Retirement savings needed: $928,181
New York
- Average retirement age: 64
- Annual cost of a comfortable retirement: $77,911
- Retirement savings needed: $1,246,578
North Carolina
- Average retirement age: 63
- Annual cost of a comfortable retirement: $54,687
- Retirement savings needed: $929,686
North Dakota
- Average retirement age: 65
- Annual cost of a comfortable retirement: $57,060
- Retirement savings needed: $855,904
Ohio
- Average retirement age: 63
- Annual cost of a comfortable retirement: $51,817
- Retirement savings needed: $880,889
Oklahoma
- Average retirement age: 62
- Annual cost of a comfortable retirement: $48,716
- Retirement savings needed: $876,879
Oregon
- Average retirement age: 63
- Annual cost of a comfortable retirement: $78,439
- Retirement savings needed: $1,333,467
Pennsylvania
- Average retirement age: 64
- Annual cost of a comfortable retirement: $57,941
- Retirement savings needed: $927,056
Rhode Island
- Average retirement age: 65
- Annual cost of a comfortable retirement: $67,594
- Retirement savings needed: $1,013,904
South Carolina
- Average retirement age: 63
- Annual cost of a comfortable retirement: $53,207
- Retirement savings needed: $904,527
South Dakota
- Average retirement age: 66
- Annual cost of a comfortable retirement: $56,178
- Retirement savings needed: $786,497
Tennessee
- Average retirement age: 64
- Annual cost of a comfortable retirement: $50,186
- Retirement savings needed: $802,977
Texas
- Average retirement age: 65
- Annual cost of a comfortable retirement: $52,341
- Retirement savings needed: $785,109
Utah
- Average retirement age: 65
- Annual cost of a comfortable retirement: $54,363
- Retirement savings needed: $815,449
Vermont
- Average retirement age: 65
- Annual cost of a comfortable retirement: $67,651
- Retirement savings needed: $1,014,762
Virginia
- Average retirement age: 65
- Annual cost of a comfortable retirement: $58,120
- Retirement savings needed: $871,793
Washington
- Average retirement age: 64
- Annual cost of a comfortable retirement: $64,636
- Retirement savings needed: $1,034,174
West Virginia
- Average retirement age: 61
- Annual cost of a comfortable retirement: $49,439
- Retirement savings needed: $939,341
Wisconsin
- Average retirement age: 64
- Annual cost of a comfortable retirement: $56,434
- Retirement savings needed: $902,942
Wyoming
- Average retirement age: 64
- Annual cost of a comfortable retirement: $52,330
- Retirement savings needed: $837,287
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