Retirement Planning in Summit County, CO

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

Median Income

$100,611

Retirement Income (80%)

$80,489

Est. Nest Egg Needed

$1,131,875

Cost of Living Index

155

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$80,489
Est. Social Security$35,214

Annual Income Gap$45,275

Housing Costs

Median Rent$1,807/mo
Annual Housing$21,684
Property Tax Rate0.3%

Median Home Value$760,000

About Summit County, Colorado

Summit County in Colorado has a median household income of $100,611 and a homeownership rate of 69.8%. Using the 4% rule, retirees in this county would need approximately $1,131,875 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 Colorado

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.