Accumulating a cool $ 1 million is a great savings goal. Depending on where you live, it may not be enough.

For soon-to-be retirees on the east and west coasts, that sum will barely last a decade.

“It’s the benchmark everyone has in mind but it’s important to be more specific, there’s so much range across different states. Your personal situation plays a big role,” said Mark Evitt, features editor at GOBankingRates.

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Personal Finance