Retirement Planning in Milwaukee County, WI

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

Median Income

$59,319

Retirement Income (80%)

$47,455

Est. Nest Egg Needed

$667,325

Cost of Living Index

91

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$47,455
Est. Social Security$20,762

Annual Income Gap$26,693

Housing Costs

Median Rent$1,012/mo
Annual Housing$12,144
Property Tax Rate2.2%

Median Home Value$200,000

About Milwaukee County, Wisconsin

Milwaukee County in Wisconsin has a median household income of $59,319 and a homeownership rate of 49.4%. Using the 4% rule, retirees in this county would need approximately $667,325 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.

Plan Your Retirement in Milwaukee County

Enter your income, savings, and goals to get a personalized retirement projection with Monte Carlo simulation, Roth conversion analysis, and withdrawal strategy optimization.

Start Free Analysis

Other Counties in Wisconsin

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.