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Maryland Ranks 3rd In Retirement Readiness

June 11th, 2025 by WCBC Radio

Western and Southern Financial Group has ranked all 50 states based on key retirement readiness factors and Maryland has come in third overall. Factors considered include average 401k balance, income, homeownership, life expectancy, and cost of living. Maryland was rated sixth for retirement funds, third for earnings among older adults but fared lower at 37th in senior homeownership and 45th in cost of living.  The number one state overall was New Jersey.