Retirement Planning in Montgomery County, MS
What does it take to retire comfortably in Montgomery County? Here are the numbers.
Median Income
$36,845
Retirement Income (80%)
$29,476
Est. Nest Egg Needed
$414,500
Cost of Living Index
57
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Montgomery County, Mississippi
Montgomery County in Mississippi has a median household income of $36,845 and a homeownership rate of 66.6%. Using the 4% rule, retirees in this county would need approximately $414,500 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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