Retiring? Arkansas Is a Good Place to Do It
Arkansas is known for many things; the hospitality of its people and low cost of living chief among them.
These precise things have helped the Natural State garner some positive national attention. GoBankingRates.com recently ranked the top 15 states where retirement savings can stretch the furthest, and Arkansas came in at No. 2.
The site considered how far $1 million in retirement savings would last depending on the state in which one retires. Fortunately for Arkansans, it doesn’t take a multi-million dollar portfolio to retire.
That’s one reason why so many retirees from out of state head to Arkansas. A 2017 survey from United Van Lines cited Arkansas as the ninth-most popular state for incoming retirees.
From the GoBankingRates post:
At $43,605 per year, the cost of living in Arkansas is cheaper than it is in all but one state. Housing costs in Arkansas are among the country’s lowest, and healthcare and transportation are about 15% below the national average.
Whether you’re an Arkansan born or bred or new to the Natural State, Arkansas Federal Credit Union can help with retirement plans. Our team of retirement and investment experts make it their mission to help. After all, our members aren’t just members of the credit-union; they’re family members. And our family is open to all Arkansans — young or old, native or new to the state.
The bottom line? Your nest egg will last longer here, and Arkansas Federal can deliver a plan at no cost or obligation to stretch your savings even further. Call our professionals today at (800) 456-3000 to learn more about our investment and retirement services.
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