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Retirement Planning in Tippecanoe County, IN

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

Median Income

$55,728

Retirement Income (80%)

$44,582

Est. Nest Egg Needed

$626,925

Cost of Living Index

86

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$44,582
Est. Social Security$19,505
Annual Income Gap$25,077

Housing Costs

Median Rent$1,020/mo
Annual Housing$12,240
Property Tax Rate0.6%
Median Home Value$199,300

About Tippecanoe County, Indiana

Tippecanoe County in Indiana has a median household income of $55,728 and a homeownership rate of 52.9%. Using the 4% rule, retirees in this county would need approximately $626,925 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

Marion CountyLake CountyAllen CountyHamilton CountySt. Joseph CountyElkhart CountyVanderburgh CountyHendricks 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.