Retirement Planning in Calhoun County, WV

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

Median Income

$39,031

Retirement Income (80%)

$31,225

Est. Nest Egg Needed

$439,100

Cost of Living Index

60

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$31,225
Est. Social Security$13,661

Annual Income Gap$17,564

Housing Costs

Median Rent$494/mo
Annual Housing$5,928
Property Tax Rate0.4%

Median Home Value$111,000

About Calhoun County, West Virginia

Calhoun County in West Virginia has a median household income of $39,031 and a homeownership rate of 78.1%. Using the 4% rule, retirees in this county would need approximately $439,100 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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Health and care costs

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.