Retirement Planning in Lexington city, VA
What does it take to retire comfortably in Lexington city? Here are the numbers.
Median Income
$93,651
Retirement Income (80%)
$74,921
Est. Nest Egg Needed
$1,053,575
Cost of Living Index
144
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Lexington city, Virginia
Lexington city in Virginia has a median household income of $93,651 and a homeownership rate of 52.8%. Using the 4% rule, retirees in this county would need approximately $1,053,575 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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