Retirement Planning in Androscoggin County, ME
What does it take to retire comfortably in Androscoggin County? Here are the numbers.
Median Income
$64,500
Retirement Income (80%)
$51,600
Est. Nest Egg Needed
$725,625
Cost of Living Index
99
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Androscoggin County, Maine
Androscoggin County in Maine has a median household income of $64,500 and a homeownership rate of 66.4%. Using the 4% rule, retirees in this county would need approximately $725,625 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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