Retirement Planning in Buchanan County, MO

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

Median Income

$58,303

Retirement Income (80%)

$46,642

Est. Nest Egg Needed

$655,900

Cost of Living Index

90

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$46,642
Est. Social Security$20,406

Annual Income Gap$26,236

Housing Costs

Median Rent$856/mo
Annual Housing$10,272
Property Tax Rate0.8%

Median Home Value$149,600

About Buchanan County, Missouri

Buchanan County in Missouri has a median household income of $58,303 and a homeownership rate of 63.4%. Using the 4% rule, retirees in this county would need approximately $655,900 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 Missouri

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.