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Retirement Planning in Beaufort County, SC

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

Median Income

$81,260

Retirement Income (80%)

$65,008

Est. Nest Egg Needed

$914,175

Cost of Living Index

125

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$65,008
Est. Social Security$28,441
Annual Income Gap$36,567

Housing Costs

Median Rent$1,435/mo
Annual Housing$17,220
Property Tax Rate0.5%
Median Home Value$377,900

About Beaufort County, South Carolina

Beaufort County in South Carolina has a median household income of $81,260 and a homeownership rate of 75.5%. Using the 4% rule, retirees in this county would need approximately $914,175 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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Other Counties in South Carolina

Greenville CountyRichland CountyCharleston CountyHorry CountySpartanburg CountyLexington CountyYork CountyBerkeley County

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.