Retirement Planning in South Central Connecticut Planning Region, CT
What does it take to retire comfortably in South Central Connecticut Planning Region? Here are the numbers.
Median Income
$83,617
Retirement Income (80%)
$66,894
Est. Nest Egg Needed
$940,700
Cost of Living Index
129
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About South Central Connecticut Planning Region, Connecticut
South Central Connecticut Planning Region in Connecticut has a median household income of $83,617 and a homeownership rate of 61.0%. Using the 4% rule, retirees in this county would need approximately $940,700 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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