A 65-year-old retiree living in California can expect $1 million in savings to last under 14 years, while that amount will last almost 21 years in Texas.

By the numbers: A state-by-state analysis was conducted by GOBankingRates using data from the Bureau of Labor Statistics and the Missouri Economic Research and Information Center.

The bottom line: If you live in one of the more expensive states, such as Hawaii or New York, you’ll want to work as long as possible and save as much money as possible, because $1 million won’t even cover your living expenses for 15 years.

  • There is a bit more cushion in many Midwestern and Southern states, though, if you live there or plan to move.