Retirement Planning in Decatur County, IN

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

Median Income

$71,566

Retirement Income (80%)

$57,253

Est. Nest Egg Needed

$805,125

Cost of Living Index

110

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$57,253
Est. Social Security$25,048

Annual Income Gap$32,205

Housing Costs

Median Rent$815/mo
Annual Housing$9,780
Property Tax Rate0.7%

Median Home Value$174,400

About Decatur County, Indiana

Decatur County in Indiana has a median household income of $71,566 and a homeownership rate of 73.6%. Using the 4% rule, retirees in this county would need approximately $805,125 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 Indiana

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.