{"id":69011,"date":"2025-08-09T02:22:09","date_gmt":"2025-08-09T02:22:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/69011\/"},"modified":"2025-08-09T02:22:09","modified_gmt":"2025-08-09T02:22:09","slug":"dreaming-of-a-middle-class-retirement-in-the-midwest-heres-what-you-need-to-save","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/69011\/","title":{"rendered":"Dreaming of a Middle-Class Retirement in the Midwest? Here&#8217;s What You Need To Save"},"content":{"rendered":"<p>Planning to retire in the Midwest? The amount of money middle-class retirees need in savings varies greatly depending on whether you\u2019re retiring with or without Social Security benefits. An original GOBankingRates study from January 2025 revealed that a 20-year <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/planning-for-retirement\/\" data-is-dynamic-hyperlink=\"false\" data-link-type=\"first-link\" data-link-position=\"1\" rel=\"nofollow noopener\" target=\"_blank\">retirement<\/a> without Social Security requires more than $1 million in four Midwestern states.<\/p>\n<p>However, you won\u2019t need to save nearly as much if you\u2019re planning to draw these benefits. On the high end, a retiree in Minnesota would need $705,255 in savings while retirees in Missouri would need $456,775 saved up to fund a 20-year retirement with Social Security.<\/p>\n<p>Ranked in alphabetical order, here\u2019s how much you need to save for a 20-year middle-class <a href=\"https:\/\/www.gobankingrates.com\/retirement\/planning\/best-midwest-cities-to-retire-on-3000-or-less-per-month\/\" data-is-dynamic-hyperlink=\"false\" data-link-type=\"money-link\" data-link-position=\"2\" rel=\"nofollow noopener\" target=\"_blank\">retirement in the Midwest<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Planning to retire in the Midwest? The amount of money middle-class retirees need in savings varies greatly depending&hellip;\n","protected":false},"author":2,"featured_media":69012,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,17299,147,530,14811,1666],"class_list":["post-69011","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-gobankingrates","tag-personal-finance","tag-personalfinance","tag-planning","tag-retirement"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/69011","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=69011"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/69011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/69012"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=69011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=69011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=69011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}