Retirement Planning in Franklin County, FL
What does it take to retire comfortably in Franklin County? Here are the numbers.
Median Income
$58,107
Retirement Income (80%)
$46,486
Est. Nest Egg Needed
$653,725
Cost of Living Index
89
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Franklin County, Florida
Franklin County in Florida has a median household income of $58,107 and a homeownership rate of 80.7%. Using the 4% rule, retirees in this county would need approximately $653,725 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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