Retirement Planning in Traverse County, MN
What does it take to retire comfortably in Traverse County? Here are the numbers.
Median Income
$63,456
Retirement Income (80%)
$50,765
Est. Nest Egg Needed
$713,875
Cost of Living Index
98
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Traverse County, Minnesota
Traverse County in Minnesota has a median household income of $63,456 and a homeownership rate of 79.5%. Using the 4% rule, retirees in this county would need approximately $713,875 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 Traverse County
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