Retirement Planning in Rankin County, MS
What does it take to retire comfortably in Rankin County? Here are the numbers.
Median Income
$76,460
Retirement Income (80%)
$61,168
Est. Nest Egg Needed
$860,175
Cost of Living Index
118
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Rankin County, Mississippi
Rankin County in Mississippi has a median household income of $76,460 and a homeownership rate of 76.9%. Using the 4% rule, retirees in this county would need approximately $860,175 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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