How Far $750,000 in Retirement Savings Plus Social Security Goes in Every State

May 29, 2025

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The duration of retirement savings usually depends on withdrawal rates and general lifestyle spending. In other words, how much do you withdraw and how often?

With your retirement savings and Social Security, there’s a longer timeline that is affected by the city you reside in at your time of retirement. Remember, your retirement benefit is based on your lifetime earnings.

According to GOBankingRates research, $750,000 plus Social Security can last varying years across every state. The state with the shortest duration is Hawaii (at around eight years) and the state with the longest duration is West Virginia (28 years).

From the longest amount of time to the shortest, here is how far $750,000 in combined savings and Social Security will go in every state.

West Virginia

Number of years $750,000 will last with Social Security: 28.80
Annual expenditure: $48,451
Annual expenditure after Social Security: $26,038
Annual groceries expenditure: $4,778
Annual housing expenditure: $6,711
Annual utilities expenditure: $4,003
Annual transportation expenditures: $4,587
Annual healthcare expenditures: $7,638

Oklahoma

Number of years $750,000 will last with Social Security: 27.23
Annual expenditure: $49,955
Annual expenditure after Social Security: $27,540
Annual groceries expenditure: $4,576
Annual housing expenditure: $8,056
Annual utilities expenditure: $4,122
Annual transportation expenditures: $4,414
Annual healthcare expenditures: $7,178

Kansas

Number of years $750,000 will last with Social Security: 26.73
Annual expenditure: $50,475
Annual expenditure after Social Security: $28,061
Annual groceries expenditure: $4,586
Annual housing expenditure: $8,711
Annual utilities expenditure: $4,075
Annual transportation expenditures: $4,310
Annual healthcare expenditures: $7,434

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Alabama

Number of Years $750,000 will last with Social Security: 26.29
Annual expenditure: $50,938
Annual expenditure after Social Security: $28,524
Annual groceries expenditure: $4,658
Annual housing expenditure: $8,114
Annual utilities expenditure: $4,266
Annual transportation expenditures: $4,508
Annual healthcare expenditures: $6,575

Mississippi

Number of Years $750,000 will last with Social Security: 26.19
Annual expenditure: $51,053
Annual expenditure after Social Security: $28,639
Annual groceries expenditure: $4,610
Annual housing expenditure: $8,792
Annual utilities expenditure: $3,842
Annual transportation expenditures: $4,434
Annual healthcare expenditures: $7,593

Missouri

Number of years $750,000 will last with Social Security: 26.08
Annual expenditure: $51,169
Annual expenditure after Social Security: $28,755
Annual groceries expenditure: $4,581
Annual housing expenditure: $9,085
Annual utilities expenditure: $4,173
Annual transportation expenditures: $4,152
Annual healthcare expenditures: $6,877

Arkansas

Number of years $750,000 will last with Social Security: 26.08
Annual expenditure: $51,169
Annual expenditure after Social Security: $28,755
Annual groceries expenditure: $4,557
Annual housing expenditure: $8,757
Annual utilities expenditure: $3,842
Annual transportation expenditures: $4,360
Annual healthcare expenditures: $6,650

Iowa

Number of years $750,000 will last with Social Security: 25.27
Annual expenditure: $52,094
Annual expenditure after Social Security: $29,680
Annual groceries expenditure: $4,639
Annual housing expenditure: $8,781
Annual utilities expenditure: $3,961
Annual transportation expenditures: $4,898
Annual healthcare expenditures: $7,261

Tennessee

Number of years $750,000 will last with Social Security: 25.17
Annual expenditure: $52,210
Annual expenditure after Social Security: $29,796
Annual groceries expenditure: $4,658
Annual housing expenditure: $9,681
Annual utilities expenditure: $3,753
Annual transportation expenditures: $4,404
Annual healthcare expenditures: $6,801

Indiana

Number of years $750,000 will last with Social Security: 25.17
Annual expenditure: $52,210
Annual expenditure after Social Security: $29,796
Annual groceries expenditure: $4,682
Annual housing expenditure: $9,096
Annual utilities expenditure: $3,829
Annual transportation expenditures: $4,686
Annual healthcare expenditures: $7,336

Georgia

Number of years $750,000 will last with Social Security: 24.69
Annual expenditure: $52,788
Annual expenditure after Social Security: $30,374
Annual groceries expenditure: $4,687
Annual housing expenditure: $9,319
Annual utilities expenditure: $3,982
Annual transportation expenditures: $4,829
Annual healthcare expenditures: $7,532

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Michigan

Number of years $750,000 will last with Social Security: 24.46
Annual expenditure: $53,077
Annual expenditure after Social Security: $30,663
Annual groceries expenditure: $4,715
Annual housing expenditure: $9,005
Annual utilities expenditure: $4,109
Annual transportation expenditures: $4,859
Annual healthcare expenditures: $6,854

Louisiana

Number of years $750,000 will last with Social Security: 24.32
Annual expenditure: $53,250
Annual expenditure after Social Security: $30,836
Annual groceries expenditure: $4,596
Annual housing expenditure: $9,891
Annual utilities expenditure: $3,376
Annual transportation expenditures: $4,716
Annual healthcare expenditures: $7,125

Texas

Number of years $750,000 will last with Social Security: 24.19
Annual expenditure: $53,424
Annual expenditure after Social Security: $31,010
Annual groceries expenditure: $4,615
Annual housing expenditure: $9,599
Annual utilities expenditure: $4,388.50
Annual transportation expenditures: $4,582
Annual healthcare expenditures: $7,246

Kentucky

Number of years $750,000 will last with Social Security: 24.10
Annual expenditure: $53,539
Annual expenditure after Social Security: $31,126
Annual groceries expenditure: $4,783
Annual housing expenditure: $9,143
Annual utilities expenditure: $3,690
Annual transportation expenditures: $4,701
Annual healthcare expenditures: $8,053

North Dakota

Number of years $750,000 will last with Social Security: 24.01
Annual expenditure: $53,655
Annual expenditure after Social Security: $31,241
Annual groceries expenditure: $4,533
Annual housing expenditure: $9,611
Annual utilities expenditure: $3,533
Annual transportation expenditures: $4,879
Annual healthcare expenditures: $8,241

Illinois

Number of years $750,000 will last with Social Security: 23.79
Annual expenditure: $53,944
Annual expenditure after Social Security: $31,530
Annual groceries expenditure: $4,687
Annual housing expenditure: $9,611
Annual utilities expenditure: $4,151
Annual transportation expenditures: $4,819
Annual healthcare expenditures: $7,532

Nebraska

Number of years $750,000 will last with Social Security: 23.74
Annual expenditure: $54,002
Annual expenditure after Social Security: $31,588
Annual groceries expenditure: $4,711
Annual housing expenditure: $9,435
Annual utilities expenditure: $3,834
Annual transportation expenditures: $4,750
Annual healthcare expenditures: $7,721

South Dakota

Number of years $750,000 will last with Social Security: 23.74
Annual expenditure: $54,002
Annual expenditure after Social Security: $31,588
Annual groceries expenditure: $4,682
Annual housing expenditure: $10,301
Annual utilities expenditure: $3,626
Annual transportation expenditures: $5,067
Annual healthcare expenditures: $7,691

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New Mexico

Number of years $750,000 will last with Social Security: 23.66
Annual expenditure: $4,118
Annual expenditure after Social Security: $31,704
Annual groceries expenditure: $4,596
Annual housing expenditure: $10,301
Annual utilities expenditure: $3,664.14
Annual transportation expenditures: $4,572
Annual healthcare expenditures: $7,615

Ohio

Number of years $750,000 will last with Social Security: 23.49
Annual expenditure: $54,349
Annual expenditure after Social Security: $31,935
Annual groceries expenditure: $4,754
Annual housing expenditure: $9,821
Annual utilities expenditure: $4,312
Annual transportation expenditures: $4,755
Annual healthcare expenditures: $7,133

Montana

Number of years $750,000 will last with Social Security: 23.23
Annual expenditure: $54,696
Annual expenditure after Social Security: $32,282
Annual groceries expenditure: $4,783
Annual housing expenditure: $9,915
Annual utilities expenditure: $3,554
Annual transportation expenditures: $5,314
Annual healthcare expenditures: $8,211

Minnesota

Number of years $750,000 will last with Social Security: 23.15
Annual expenditure: $54,811
Annual expenditure after Social Security: $32,398
Annual groceries expenditure: $4,907
Annual housing expenditure: $9,529
Annual utilities expenditure: $4,096
Annual transportation expenditures: $4,656
Annual healthcare expenditures: $8,015

Wyoming

Number of years $750,000 will last with Social Security: 23.03
Annual expenditure: $54,985
Annual expenditure after Social Security: $32,571
Annual groceries expenditure: $4,816
Annual housing expenditure: $10,242
Annual utilities expenditure: $3,622
Annual transportation expenditures: $4,375
Annual healthcare expenditures: $7,985

Pennsylvania

Number of years $750,000 will last with Social Security: 22.82
Annual expenditure: $55,274
Annual expenditure after Social Security: $32,860
Annual groceries expenditure: $4,720
Annual housing expenditure: $10,032
Annual utilities expenditure: $4,384.26
Annual transportation expenditures: $5,314
Annual healthcare expenditures: $6,665

Wisconsin

Number of years $750,000 will last with Social Security: 22.28
Annual expenditure: $56,083
Annual expenditure after Social Security: $33,670
Annual groceries expenditure: $4,711
Annual housing expenditure: $10,640
Annual utilities expenditure: $4,147
Annual transportation expenditures: $4,577
Annual healthcare expenditures: $8,264

South Carolina

Number of years $750,000 will last with Social Security: 22.05
Annual expenditure: $56,430
Annual expenditure after Social Security: $34,016
Annual groceries expenditure: $4,778
Annual housing expenditure: $10,605
Annual utilities expenditure: $4,710
Annual transportation expenditures: $4,701
Annual healthcare expenditures: $7,005

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North Carolina

Number of years $750,000 will last with Social Security: 21.72
Annual expenditure: $56,951
Annual expenditure after Social Security: $34,537
Annual groceries expenditure: $4,720
Annual housing expenditure: $10,862
Annual utilities expenditure: $4,185
Annual transportation expenditures: $4,755
Annual healthcare expenditures: $7,917

Delaware

Number of years $750,000 will last with Social Security: 20.88
Annual expenditure: $58,338
Annual expenditure after Social Security: $35,924
Annual groceries expenditure: $4,888
Annual housing expenditure: $11,341
Annual utilities expenditure: $4,147
Annual transportation expenditures: $5,106
Annual healthcare expenditures: $7,668

Idaho

Number of years $750,000 will last with Social Security: 20.81
Annual expenditure: $58,454
Annual expenditure after Social Security: $36,040
Annual groceries expenditure: $4,965
Annual housing expenditure: $11,797
Annual utilities expenditure: $3,321
Annual transportation expenditures: $5,427
Annual healthcare expenditures: $7,352

Virginia

Number of years $750,000 will last with Social Security: 20.74
Annual expenditure: $58,570
Annual expenditure after Social Security: $36,156
Annual groceries expenditure: $4,792
Annual housing expenditure: $12,510
Annual utilities expenditure: $4,232
Annual transportation expenditures: $4,661
Annual healthcare expenditures: $7,691

Colorado

Number of years $750,000 will last with Social Security: 20.58
Annual expenditure: $58,859
Annual expenditure after Social Security: $36,445
Annual groceries expenditure: $4,816
Annual housing expenditure: $12,651
Annual utilities expenditure: $3,825
Annual transportation expenditures: $4,627
Annual healthcare expenditures: $7,595

Nevada

Number of years $750,000 will last with Social Security: 20.29
Annual expenditure: $59,379
Annual expenditure after Social Security: $36,965
Annual groceries expenditure: $4,989
Annual housing expenditure: $12,744
Annual utilities expenditure: $4,562
Annual transportation expenditures: $5,808
Annual healthcare expenditures: $6,831

Utah

Number of years $750,000 will last with Social Security: 20.23
Annual expenditure: $59,495
Annual expenditure after Social Security: $37,081
Annual groceries expenditure: $4,706
Annual housing expenditure: $13,083
Annual utilities expenditure: $3,999
Annual transportation expenditures: $4,938
Annual healthcare expenditures: $6,748

Florida

Number of years $750,000 will last with Social Security: 20.16
Annual expenditure: $59,610
Annual expenditure after Social Security: $37,196
Annual groceries expenditure: $5,022
Annual housing expenditure: $12,674
Annual utilities expenditure: $4,486
Annual transportation expenditures: $4,997
Annual healthcare expenditures: $7,585

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Arizona

Number of years $750,000 will last with Social Security: 18.08
Annual expenditure: $63,889
Annual expenditure after Social Security: $41,475
Annual groceries expenditure: $4,892.94
Annual housing expenditure: $15,024
Annual utilities expenditure: $4,283
Annual transportation expenditures: $5,185
Annual healthcare expenditures: $7,057

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Maine

Number of years $750,000 will last with Social Security: 17.88
Annual expenditure: $64,351
Annual expenditure after Social Security: $41,937
Annual groceries expenditure: $4,831
Annual housing expenditure: $14,253
Annual utilities expenditure: $4,698
Annual transportation expenditures: $5,287
Annual healthcare expenditures: $8,663

Connecticut

Number of years $750,000 will last with Social Security: 17.43
Annual expenditure: $65,450
Annual expenditure after Social Security: $43,036
Annual groceries expenditure: $4,893
Annual housing expenditure: $13,773
Annual utilities expenditure: $5,668
Annual transportation expenditures: $5,319
Annual healthcare expenditures: $8,098

Rhode Island

Number of years $750,000 will last with Social Security: 17.38
Annual expenditure: $65,566
Annual expenditure after Social Security: $43,152
Annual groceries expenditure: $4,864
Annual housing expenditure: $13,493
Annual utilities expenditure: $6,011
Annual transportation expenditures: $4,899
Annual healthcare expenditures: $7,932

New Hampshire

Number of years $750,000 will last with Social Security: 17.33
Annual expenditure: $65,681
Annual expenditure after Social Security: $43,267
Annual groceries expenditure: $4,778
Annual housing expenditure: $13,621
Annual utilities expenditure: $4,393
Annual transportation expenditures: $5,551
Annual healthcare expenditures: $7,804

New Jersey

Number of years $750,000 will last with Social Security: 17.31
Annual expenditure: $65,739
Annual expenditure after Social Security: $43,325
Annual groceries expenditure: $4,965
Annual housing expenditure: $15,854
Annual utilities expenditure: $4,240
Annual transportation expenditures: $5,284
Annual healthcare expenditures: $7,917

Oregon

Number of years $750,000 will last with Social Security: 17.22
Annual expenditure: $65,970
Annual expenditure after Social Security: $43,556
Annual groceries expenditure: $5,205
Annual housing expenditure: $15,784
Annual utilities expenditure: $3,774
Annual transportation expenditures: $5,996
Annual healthcare expenditures: $8,475

Vermont

Number of years $750,000 will last with Social Security: 17.08
Annual expenditure: $66,317
Annual expenditure after Social Security: $43,903
Annual groceries expenditure: $5,075
Annual housing expenditure: $15,059
Annual utilities expenditure: $4,770
Annual transportation expenditures: $4,983
Annual healthcare expenditures: $8,279

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Washington

Number of years $750,000 will last with Social Security: 16.99
Annual expenditure: $66,549
Annual expenditure after Social Security: $44,135
Annual groceries expenditure: $5,195
Annual housing expenditure: $14,872
Annual utilities expenditure: $3,867
Annual transportation expenditures: $6,283
Annual healthcare expenditures: $8,890

Maryland

Number of years $750,000 will last with Social Security: 16.75
Annual expenditure: $67,185
Annual expenditure after Social Security: $44,771
Annual groceries expenditure: $5,042
Annual housing expenditure: $16,556
Annual utilities expenditure: $4,638
Annual transportation expenditures: $5,175
Annual healthcare expenditures: $7,593

New York

Number of years $750,000 will last with Social Security: 15.38
Annual expenditure: $71,174
Annual expenditure after Social Security: $48,760
Annual groceries expenditure: $4,955
Annual housing expenditure: $19,432
Annual utilities expenditure: $4,333
Annual transportation expenditures: $5,432
Annual healthcare expenditures: $7,970

Alaska

Number of years $750,000 will last with Social Security: 15.03
Annual expenditure: $72,330
Annual expenditure after Social Security: $44,916
Annual groceries expenditure: $6,088
Annual housing expenditure: $14,124
Annual utilities expenditure: $6,308
Annual transportation expenditures: $5,783
Annual healthcare expenditures: $11,544

Massachusetts

Number of years $750,000 will last with Social Security: 12.29
Annual expenditure: $83,431
Annual expenditure after Social Security: $61,017
Annual groceries expenditure: $4,989
Annual housing expenditure: $24,881
Annual utilities expenditure: $6,312
Annual transportation expenditures: $5,625
Annual healthcare expenditures: $9,319

California

Number of years $750,000 will last with Social Security: 12.21
Annual expenditure: $83,836
Annual expenditure after Social Security: $61,422
Annual groceries expenditure: $5,387
Annual housing expenditure: $24,518
Annual utilities expenditure: $5,752
Annual transportation expenditures: $6,984
Annual healthcare expenditures: $7,970

Hawaii

Number of years $750,000 will last with Social Security: 8.80
Annual expenditure: $107,657
Annual expenditure after Social Security: $85,243
Annual groceries expenditure: $5,953
Annual housing expenditure: $36,619
Annual utilities expenditure: $7,472
Annual transportation expenditures: $6,861
Annual healthcare expenditures: $9,199

Methodology: In order to find how long $750,000 will last across the country with Social Security, GOBankingRates first found (1) the national average annual expenditures for people 65 and older, sourced from the Bureau of Labor Statistics’ 2022 Consumer Expenditure Survey data and (2) annual Social Security income as sourced from the Social Security Administration’s May 2024 data. Then, GOBankingRates created (2) state-level annual expenditure estimates by multiplying the national figure by each state’s overall cost of living index score for 2024 Q1 from the Missouri Economic Research and Information Center. Finally, GOBankingRates found (3) how many years th$750,000 will last in each state by dividing $750,000 by each state’s average annual expenditures estimate minus yearly Social Security income. All 50 states and the District of Columbia were then ranked with No. 1 being the state where $750,000 and Social Security will last the longest and No. 51 being the state where it will run out most quickly. GOBankingRates provided supplemental information on the average annual cost of groceries, housing, utilities, transportation, and healthcare for people 65 and older in each state by again using MERIC’s cost of living indices for each category to factor out national estimates from the CEX. All data was collected on and up to date as of June 24, 2024.

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