What Does It Cost to Retire in These US States?

4. Arkansas

To retire comfortably in Arkansas, you’ll need approximately $54,744 annually. The Natural State is subtropical and prone to tornadoes and storms from the Gulf of Mexico. Winters are milder, reaching between 30 and 50 degrees Fahrenheit in January. Those with military pensions are exempt from taxes, while anyone with a private pension needs to pay about 6 percent. The good news is, retirees 60 and older who have their own homes are eligible for a homestead credit.