Retirement Planning in Suffolk city, VA
What does it take to retire comfortably in Suffolk city? Here are the numbers.
Median Income
$87,758
Retirement Income (80%)
$70,206
Est. Nest Egg Needed
$987,275
Cost of Living Index
135
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Suffolk city, Virginia
Suffolk city in Virginia has a median household income of $87,758 and a homeownership rate of 70.4%. Using the 4% rule, retirees in this county would need approximately $987,275 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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