Retirement Planning in Yellow Medicine County, MN

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

Median Income

$70,605

Retirement Income (80%)

$56,484

Est. Nest Egg Needed

$794,300

Cost of Living Index

109

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$56,484
Est. Social Security$24,712

Annual Income Gap$31,772

Housing Costs

Median Rent$640/mo
Annual Housing$7,680
Property Tax Rate1.0%

Median Home Value$145,400

About Yellow Medicine County, Minnesota

Yellow Medicine County in Minnesota has a median household income of $70,605 and a homeownership rate of 82.9%. Using the 4% rule, retirees in this county would need approximately $794,300 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.