Retirement Planning in Phelps County, MO
What does it take to retire comfortably in Phelps County? Here are the numbers.
Median Income
$53,242
Retirement Income (80%)
$42,594
Est. Nest Egg Needed
$598,975
Cost of Living Index
82
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Phelps County, Missouri
Phelps County in Missouri has a median household income of $53,242 and a homeownership rate of 60.1%. Using the 4% rule, retirees in this county would need approximately $598,975 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 Phelps County
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