Retirement Planning in Polk County, MN
What does it take to retire comfortably in Polk County? Here are the numbers.
Median Income
$69,540
Retirement Income (80%)
$55,632
Est. Nest Egg Needed
$782,325
Cost of Living Index
107
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Polk County, Minnesota
Polk County in Minnesota has a median household income of $69,540 and a homeownership rate of 71.6%. Using the 4% rule, retirees in this county would need approximately $782,325 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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