Retirement Planning in Olmsted County, MN
What does it take to retire comfortably in Olmsted County? Here are the numbers.
Median Income
$90,420
Retirement Income (80%)
$72,336
Est. Nest Egg Needed
$1,017,225
Cost of Living Index
139
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Olmsted County, Minnesota
Olmsted County in Minnesota has a median household income of $90,420 and a homeownership rate of 70.8%. Using the 4% rule, retirees in this county would need approximately $1,017,225 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.
Plan Your Retirement in Olmsted County
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