Retirement Planning in Pine County, MN

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

Median Income

$65,059

Retirement Income (80%)

$52,047

Est. Nest Egg Needed

$731,900

Cost of Living Index

100

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$52,047
Est. Social Security$22,771

Annual Income Gap$29,276

Housing Costs

Median Rent$863/mo
Annual Housing$10,356
Property Tax Rate0.9%

Median Home Value$207,100

About Pine County, Minnesota

Pine County in Minnesota has a median household income of $65,059 and a homeownership rate of 83.6%. Using the 4% rule, retirees in this county would need approximately $731,900 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 Minnesota

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.