Retirement Planning in Otter Tail County, MN
What does it take to retire comfortably in Otter Tail County? Here are the numbers.
Median Income
$67,990
Retirement Income (80%)
$54,392
Est. Nest Egg Needed
$764,875
Cost of Living Index
105
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Otter Tail County, Minnesota
Otter Tail County in Minnesota has a median household income of $67,990 and a homeownership rate of 80.1%. Using the 4% rule, retirees in this county would need approximately $764,875 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 Otter Tail County
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