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How long $1M lasts in retirement

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A new report by personal finance site GoBankingRates shows how long $1 million lasts in retirement, depending on which state you live in.

Missouri ranked sixth on the list, with $1 million lasting 24 years, six months and 25 days.

No. 1 is Mississippi with 25 years, 11 months and 30 days.

Read more from CNBC.

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