How Much Money Couples With Annuity Income Need for a Comfortable Retirement in Every State
September 2, 2026 by Sabrina Karl
For a typical older couple, an annuity can meaningfully shrink the nest egg needed for a comfortable retirement—but only if the couple spends down their savings to buy the annuity.
A typical American couple age 65 or older needs about $1.16 million saved for a comfortable retirement after accounting for roughly $37,700 a year in Social Security, according to an Investopedia analysis of federal data. Across the 50 states and Washington, D.C., that figure ranges from about $800,000 to nearly $1.33 million.
Originally Posted at Investopedia on Aug 24, 2026 by Sabrina Karl.
Categories: Industry Articles
