{"id":42641,"date":"2025-07-28T12:57:08","date_gmt":"2025-07-28T12:57:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/42641\/"},"modified":"2025-07-28T12:57:08","modified_gmt":"2025-07-28T12:57:08","slug":"retirement-savings-needed-for-nj-ny-pa-delaware-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/42641\/","title":{"rendered":"Retirement savings needed for NJ, NY, PA, Delaware: 2025"},"content":{"rendered":"

\"play\"<\/p>\n

Trump officials traded before tariffs announcements. What we know now.<\/p>\n

Trump administration officials sold stocks days before key tariff announcements. Here\u2019s what we know now about the timing and growing ethics concerns.<\/p>\n

Having a nest egg for retirement is not an option, but a requirement as a New Jersey resident.<\/p>\n

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\u00a0retirement\u00a0years, according to GOBankingRates.com.<\/p>\n

And New Jersey falls in that bracket.<\/p>\n

The personal finance website’s latest report reveals the minimum amount to retire in every U.S. state<\/a> by finding data for each state\u2019s annual cost of expenditures for a retired person and the cost-of-living index for the age group.<\/p>\n

Minimum amount to retire across the Mid-Atlantic regionDelawareHow much savings you need to retire: $934,832Annual cost of living (total expenditures): $60,568Annual Social Security income: $23,174Annual expenditures (after Social Security): $37,393New JerseyHow much savings you need to retire:\u00a0$1,142,133Annual cost of living (total expenditures):\u00a0$68,860Annual Social Security income:\u00a0$23,174Annual expenditures (after Social Security):\u00a0$45,685New YorkHow much savings you need to retire: $1,272,822Annual cost of living (total expenditures): $74,087Annual Social Security income: $23,174Annual expenditures (after Social Security): $50,913PennsylvaniaHow much savings you need to retire: $849,208Annual cost of living (total expenditures): $57,143Annual Social Security income: $23,174Annual expenditures (after Social Security): $33,968<\/p>\n","protected":false},"excerpt":{"rendered":"Trump officials traded before tariffs announcements. What we know now. Trump administration officials sold stocks days before key…\n","protected":false},"author":2,"featured_media":42642,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[14803,28,19807,2066,3258,1997,7617,147,530,2404,1666,14816,7270,1120,14815,5262,1552,13692],"class_list":["post-42641","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-administration","tag-business","tag-jersey","tag-money","tag-new","tag-new-jersey","tag-pension","tag-personal-finance","tag-personalfinance","tag-retirees","tag-retirement","tag-retirement-u0026-pension","tag-security","tag-seniors","tag-seniors-u0026-retirement","tag-social","tag-social-security-administration","tag-u0026"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/42641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=42641"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/42641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/42642"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=42641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=42641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=42641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}