Retirement Planning in McKinley County, NM
What does it take to retire comfortably in McKinley County? Here are the numbers.
Median Income
$44,029
Retirement Income (80%)
$35,223
Est. Nest Egg Needed
$495,325
Cost of Living Index
68
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About McKinley County, New Mexico
McKinley County in New Mexico has a median household income of $44,029 and a homeownership rate of 71.9%. Using the 4% rule, retirees in this county would need approximately $495,325 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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