Retirement: What it costs to retire comfortably in Connecticut, New Jersey and New York

Looking to retire? Or wondering how much money you’ll need in your nest egg to retire comfortably, while living in the tri-state area?
The average American will spend about $987,000 from retirement age on, but you should plan on saving a bit more.
If you’re looking to boost your retirement fund, a plan like a 401(k) is one of the best ways to save. Click here to learn more about starting a 401 (k).
Here is what it will cost you to retire comfortably in Connecticut, New Jersey and New York, according to USA Today:
Connecticut
Est. total retirement spending: $1,265,959
Avg. cost of living: +6.1% more than average
Avg. monthly homeownership cost for senior citizens: $870
Pop. 65 and older: 17.2%
New Jersey
Est. total retirement spending: $1,367,800
Avg. cost of living: +15.2% more than average
Avg. monthly homeownership cost for senior citizens: $986
Pop. 65 and older: 16.1%
New York
Est. total retirement spending: $1,402,473
Avg. cost of living: +16.4% more than average
Avg. monthly homeownership cost for senior citizens: $768
Pop. 65 and older: 16.4%