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It costs retirees $100,000 a year to live in these 4 cities

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It costs retirees $100,000 a year to live in these 4 cities

UPGRADE Retirement doesn’t come cheap, and that’s more true in some locales than others. The average over-65 household spends just over $49,000 a year, on average, which shakes out to roughly $4,000 a month, according to data released by the Bureau of Labor Statistics.