Retirement Planning in Sitka City and Borough, AK
What does it take to retire comfortably in Sitka City and Borough? Here are the numbers.
Median Income
$95,261
Retirement Income (80%)
$76,209
Est. Nest Egg Needed
$1,071,700
Cost of Living Index
147
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Sitka City and Borough, Alaska
Sitka City and Borough in Alaska has a median household income of $95,261 and a homeownership rate of 64.5%. Using the 4% rule, retirees in this county would need approximately $1,071,700 in savings to cover the gap between Social Security and their target retirement income.
These are estimates based on county-level medians. Your actual retirement needs depend on your specific income, expenses, healthcare costs, Social Security benefits, and investment portfolio. Use our calculator for a personalized Monte Carlo analysis.
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