Retirement Planning in Tompkins County, NY
What does it take to retire comfortably in Tompkins County? Here are the numbers.
Median Income
$69,995
Retirement Income (80%)
$55,996
Est. Nest Egg Needed
$787,450
Cost of Living Index
108
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Tompkins County, New York
Tompkins County in New York has a median household income of $69,995 and a homeownership rate of 54.3%. Using the 4% rule, retirees in this county would need approximately $787,450 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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