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Retirement Planning in Steuben County, IN

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

Median Income

$68,837

Retirement Income (80%)

$55,070

Est. Nest Egg Needed

$774,425

Cost of Living Index

106

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$55,070
Est. Social Security$24,093
Annual Income Gap$30,977

Housing Costs

Median Rent$896/mo
Annual Housing$10,752
Property Tax Rate0.6%
Median Home Value$187,500

About Steuben County, Indiana

Steuben County in Indiana has a median household income of $68,837 and a homeownership rate of 79.9%. Using the 4% rule, retirees in this county would need approximately $774,425 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.

Plan Your Retirement in Steuben County

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Other Counties in Indiana

Marion CountyLake CountyAllen CountyHamilton CountySt. Joseph CountyElkhart CountyTippecanoe CountyVanderburgh County

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.