Retirement Planning in San Mateo County, CA

What does it take to retire comfortably in San Mateo County? Here are the numbers.

Median Income

$149,907

Retirement Income (80%)

$119,926

Est. Nest Egg Needed

$1,686,475

Cost of Living Index

231

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$119,926
Est. Social Security$52,467

Annual Income Gap$67,459

Housing Costs

Median Rent$2,805/mo
Annual Housing$33,660
Property Tax Rate0.6%

Median Home Value$1,441,300

About San Mateo County, California

San Mateo County in California has a median household income of $149,907 and a homeownership rate of 59.5%. Using the 4% rule, retirees in this county would need approximately $1,686,475 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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Other Counties in California

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SSA, BLS. Estimates based on county-level medians and the 4% withdrawal rule. This is not financial advice.