Nobody Wants To Retire In North Dakota. Maybe That’s Exactly Why You Should.

North Dakota's below-100 cost index lets a $500,000 retiree fund a comfortable $48,000 lifestyle at a safe 3.6% withdrawal rate.

The same $48,000 retirement in coastal Florida demands a 5.6% portfolio withdrawal, threatening a 25-year retirement horizon.

North Dakota's outsized tax burden is an oil-patch artifact; Social Security is excluded from state income and the top rate is just 2.5%.

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Nobody wants to retire in North Dakota. America's fourth-least-populated state has fewer than 800,000 residents spread across an area larger than England. And that may be exactly why the retirement math works so well there.

The destinations Americans have spent decades chasing have become dramatically more expensive. North Dakota largely missed that cycle. Here is what a 67-year-old with a $500,000 portfolio and $2,500 per month in Social Security can actually afford there.

Let's be honest. Most retirees flee the northern states

Fuente original: Yahoo Finance (https://finance.yahoo.com/real-estate/articles/nobody-wants-retire-north-dakota-175913022.html)