Retirement Planning in Sherman County, KS

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

Median Income

$61,404

Retirement Income (80%)

$49,123

Est. Nest Egg Needed

$690,800

Cost of Living Index

94

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$49,123
Est. Social Security$21,491

Annual Income Gap$27,632

Housing Costs

Median Rent$827/mo
Annual Housing$9,924
Property Tax Rate1.4%

Median Home Value$123,900

About Sherman County, Kansas

Sherman County in Kansas has a median household income of $61,404 and a homeownership rate of 65.1%. Using the 4% rule, retirees in this county would need approximately $690,800 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 Kansas

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.