Retirement Planning in Colonial Heights city, VA
What does it take to retire comfortably in Colonial Heights city? Here are the numbers.
Median Income
$72,216
Retirement Income (80%)
$57,773
Est. Nest Egg Needed
$812,425
Cost of Living Index
111
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Colonial Heights city, Virginia
Colonial Heights city in Virginia has a median household income of $72,216 and a homeownership rate of 66.4%. Using the 4% rule, retirees in this county would need approximately $812,425 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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