5 States Where You May Not Be Able to Retire at Age 65

4. Maryland

Average Retirement Age: 65      

Estimated Annual Cost of Retirement: $73,111

The state of Maryland isn’t different from the previous states on our list as it also boasts higher living expenses and consequently, a higher estimated annual cost of retirement. The cost of living in this state is 14.8% higher than the national average, implying that an average retiree would need around $6,000 to live comfortably in this state.