Retirement Planning in Madison Parish, LA
What does it take to retire comfortably in Madison Parish? Here are the numbers.
Median Income
$34,508
Retirement Income (80%)
$27,606
Est. Nest Egg Needed
$388,200
Cost of Living Index
53
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Madison Parish, Louisiana
Madison Parish in Louisiana has a median household income of $34,508 and a homeownership rate of 55.4%. Using the 4% rule, retirees in this county would need approximately $388,200 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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