Retirement Planning in Otoe County, NE

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

Median Income

$73,031

Retirement Income (80%)

$58,425

Est. Nest Egg Needed

$821,600

Cost of Living Index

112

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$58,425
Est. Social Security$25,561

Annual Income Gap$32,864

Housing Costs

Median Rent$881/mo
Annual Housing$10,572
Property Tax Rate1.5%

Median Home Value$172,500

About Otoe County, Nebraska

Otoe County in Nebraska has a median household income of $73,031 and a homeownership rate of 76.8%. Using the 4% rule, retirees in this county would need approximately $821,600 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 Nebraska

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.