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Retirement Planning in Lee County, KY

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

Median Income

$31,682

Retirement Income (80%)

$25,346

Est. Nest Egg Needed

$356,425

Cost of Living Index

49

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$25,346
Est. Social Security$11,089
Annual Income Gap$14,257

Housing Costs

Median Rent$567/mo
Annual Housing$6,804
Property Tax Rate0.9%
Median Home Value$77,400

About Lee County, Kentucky

Lee County in Kentucky has a median household income of $31,682 and a homeownership rate of 69.6%. Using the 4% rule, retirees in this county would need approximately $356,425 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.

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Other Counties in Kentucky

Jefferson CountyFayette CountyKenton CountyBoone CountyWarren CountyHardin CountyDaviess CountyCampbell 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.