Retirement Planning in Saginaw County, MI

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

Median Income

$56,579

Retirement Income (80%)

$45,263

Est. Nest Egg Needed

$636,500

Cost of Living Index

87

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$45,263
Est. Social Security$19,803

Annual Income Gap$25,460

Housing Costs

Median Rent$876/mo
Annual Housing$10,512
Property Tax Rate1.5%

Median Home Value$131,100

About Saginaw County, Michigan

Saginaw County in Michigan has a median household income of $56,579 and a homeownership rate of 72.7%. Using the 4% rule, retirees in this county would need approximately $636,500 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 Michigan

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.