Apparently. I need $770,000 to retire in Maine.

[getagrip_already]

6. The methodology partially explains it...

It says it's the cost to live between age 61 and 76 in the average city in that state. Whatever that means.

So if they are saying $750k, it's budgeting about $50k a year without taking inflation into consideration.

I don't think you could live in a major city on $50k when rent alone is about $2k a month. But I suppose if you were healthy and lived in a group setting, you could do it. It would be easier in an area with lower rent and public transit though.