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Retirement Planning in Nantucket County, MA

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

Median Income

$135,590

Retirement Income (80%)

$108,472

Est. Nest Egg Needed

$1,525,375

Cost of Living Index

209

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$108,472
Est. Social Security$47,457
Annual Income Gap$61,015

Housing Costs

Median Rent$2,052/mo
Annual Housing$24,624
Property Tax Rate0.3%
Median Home Value$1,265,600

About Nantucket County, Massachusetts

Nantucket County in Massachusetts has a median household income of $135,590 and a homeownership rate of 71.1%. Using the 4% rule, retirees in this county would need approximately $1,525,375 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 Massachusetts

Middlesex CountyWorcester CountyEssex CountySuffolk CountyNorfolk CountyBristol CountyPlymouth CountyHampden County

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Property and place

Health and care costs

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.