New Study Reveals What You Need To Make To Retire In Montana

How Much Do You Need To Make To Retire In MT?

A lot of Montanans plan to retire and live their lives in Montana but there are some people who when they retire they want to leave Montana and find somewhere new. Well a new study has come out from Readers Digest that lists the dollar amount you need to make now, to be able to retire in each state.

KEEP SCROLLING to see what state requires almost $130 thousand!

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READ MORE: The Ranking Of The Richest Counties In Montana

Montana does seem like an amazing place to retire if you didn't spend your whole life living there. I am in my 30's and haven't made any official decisions on where I want to retire but we have tossed around ideas about "dream" retirement spots-most of which are in Montana.

Where Is Montana On The Ranking Of Ability To Retire?

Montana landed around middle of the road when it comes to how much you need to make but the assumption is this is the individual income a person would need to be making-not a total for two people. So if you plan to retire with your spouse make sure you include that into your calculations

READ MORE: Remember When These Great Falls Businesses Existed?

via GIPHY

Find The Best Place To Retire Based Off Your Income

I still have a ways to go before I start looking seriously at retirement but if you are looking then here is your guide to make your money last longer. The study used information on costs for groceries, health care, housing, utilities and transportation to determine how someone would live most "comfortably" in their retirement. You can find the full study HERE.

Continue scrolling to see where Montana lands for how much you need to make to retire here!