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Retirement income varies from household to household and may often depend on where you live. Most Americans believe they need just shy of $2 million in savings and investments socked away to retire, but most fall far short of that — as such, most will depend on some sort of income during their post-work years.

 

 

According to data from the U.S. Census Bureau's American Community Survey, the average retirement income per household in the US is slightly less than $28,000. However, the averages vary significantly from state to state.