Trump officials traded before tariffs announcements. What we know now.
Trump administration officials sold stocks days before key tariff announcements. Here’s what we know now about the timing and growing ethics concerns.
Having a nest egg for retirement is not an option, but a requirement as a New Jersey resident.
Retirees that live in expensive states with a higher overall cost of living, high property taxes and high valued homes will need to fund their retirement years, according to GOBankingRates.com.
And New Jersey falls in that bracket.
The personal finance website’s latest report reveals the minimum amount to retire in every U.S. state by finding data for each state’s annual cost of expenditures for a retired person and the cost-of-living index for the age group.
Minimum amount to retire across the Mid-Atlantic regionDelaware
- How much savings you need to retire: $934,832
- Annual cost of living (total expenditures): $60,568
- Annual Social Security income: $23,174
- Annual expenditures (after Social Security): $37,393
New Jersey
- How much savings you need to retire: $1,142,133
- Annual cost of living (total expenditures): $68,860
- Annual Social Security income: $23,174
- Annual expenditures (after Social Security): $45,685
New York
- How much savings you need to retire: $1,272,822
- Annual cost of living (total expenditures): $74,087
- Annual Social Security income: $23,174
- Annual expenditures (after Social Security): $50,913
Pennsylvania
- How much savings you need to retire: $849,208
- Annual cost of living (total expenditures): $57,143
- Annual Social Security income: $23,174
- Annual expenditures (after Social Security): $33,968