Many Americans worry their retirement savings won’t last — and a new report suggests that fear may be justified in Mississippi.

Surveys have shown that Americans fear running out of money in retirement more than they fear death itself. People are living longer, which means retirement lasts longer, and retirement costs are rising. 

A new report from CareScout, the long-term care network, finds that the average American at age 65 faces a retirement shortfall of $109,000. That’s the difference between how much income they can expect, from Social Security, savings and other sources, and how much they should plan to spend on the expenses of daily life. 

American retirees are likely to outlive their savings in 41 states, according to the data.

The report draws on state-level estimates of life expectancy at age 65 (16 to 20 years, more or less, depending on the state), average retirement benefits, median net worth and expected retirement expenses. 

How likely are you to outlive your retirement savings in Mississippi? Here’s what we know about life expectancy, expenses and how much retiring here costs.

Mississippi retirees face a $160K savings gap

The average Mississippi senior can expect about $682,000 in expenses and $521,000 in income in retirement. Projected shortfall: $160,000. 

It’s the 13th-largest shortfall in the U.S.

The state has some of the most affordable food costs and home prices in the country, but overall wages are also much lower than the national average.

What’s a realistic retirement age in Mississippi?

Nasdaq studied realistic retirement numbers for each state. For Mississippi, they determined that a realistic retirement age is 61 and recommend having at least $764,676 saved.

Mississippi residents aren’t taxed on income from:

• Social Security benefits
• IRAs
• 401(k)s
• Pensions
• Military benefits

The state income tax is also being phased out.

How long Mississippians live after age 65

Mississippi ranked next-to-last for life expectancy in a CDC list of all 50 states and the District of Columbia. Data from 2022 is the newest available.

The Magnolia State had an average life expectancy of 72.6 years.

For men, Mississippi ranked 51st at 69.5 years. Women ranked 50th with an average life expectancy of 75.7.

At age 65, people in Mississippi are expected to live another 16.7 years, on average. It’s about 15.3 years for men and 17.9 years for women.

Retirement may last longer than you think

American life expectancy is about 79 years. By the time you reach retirement, however, you can expect to live longer than the overall life expectancy figure suggests. A woman of 70, for example, can expect to live to 87.    

ASHEVILLE, N.C. (WLOS) — Home sales in western North Carolina have increased since last year, according to the latest report from a realtor group.

Canopy MLS, a subsidiary of the Canopy Realtor Association, reports that May home sales across the four-county Asheville area (Buncombe, Haywood, Henderson, and Madison counties) reflected a spring market that remains “active and competitive.”

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A total of 592 homes closed in May, representing a 6.3 percent increase compared to May 2025 and a 2.1 percent gain over April, the report said. Buyer demand continued to strengthen, with pending sales, a leading indicator of future closings, surging 22.4 percent year over year as 728 properties went under contract during the month.

“The strength of buyer demand in May is encouraging and reflects continued confidence in the Asheville region as a place to live, work and invest,” said Dave Noyes, a Realtor/Designated Managing Broker with eXp Realty and Canopy MLS Board of Director, in a news release. “

ASHEVILLE HOUSING MARKET SHOWS STEADY STRENGTH AS INVENTORY RISES ACROSS REGION

Contract activity also increased 7.1 percent compared to April, signaling that buyers remained engaged despite mortgage rates averaging approximately 6.5 percent throughout May, the report said.

“Buyers are adapting to today’s mortgage rates and taking advantage of the increased inventory we’ve seen over the past year. Although fewer new listings came onto the market in May, homes continue to attract strong interest, which is helping maintain a healthy balance between supply and demand as we head into the summer months,” Noyes said.

While buyer activity increased , new listing activity moderated. Sellers introduced 1,165 homes to the market in May, a 6.7 percent decline compared to the same month last year and a 7.7 percent decrease from April. Even so, the region’s inventory of homes for sale continued to expand, rising 3.2 percent year over year to 3,092 properties at report time. Months of supply, however, declined from six months in May 2025 to 5.4 months this past May, suggesting that the pace of buyer demand is absorbing available inventory faster than new listings are being added.

The report said that although buyers have more choices than a year ago, the market remains relatively balanced, with strong contract activity continuing to support overall sales momentum.

Texas A&M baseball made a massive splash in the transfer portal Friday morning with the pickup of a premier left-hander from a Southeastern Conference foe.

Oklahoma southpaw Trent Collier is returning to his home state to play for the Aggies in 2027, according to reports from TexAgs’ Richard Zane. Collier pitched for the national-championship-winning Sooners this past season, posting a 3.80 ERA through 23.2 innings pitched and striking out 28 hitters. He was called upon for two appearances in Oklahoma’s postseason run to the national title, allowing no hits with two strikeouts against Georgia Tech and North Carolina.

Collier will come to Bryan-College Station to pitch for the Fightin’ Texas Aggies as a junior for head coach Michael Earley in 2027.

Rebuilding a depleted pitching staff was one of the top priorities for Earley this offseason, after posting a 5.24 team ERA in 2026. Collier is the sixth pitcher to commit to the Aggies out of the transfer portal and the ninth overall addition.