Retirement Planning in McDowell County, WV
What does it take to retire comfortably in McDowell County? Here are the numbers.
Median Income
$28,235
Retirement Income (80%)
$22,588
Est. Nest Egg Needed
$317,650
Cost of Living Index
43
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About McDowell County, West Virginia
McDowell County in West Virginia has a median household income of $28,235 and a homeownership rate of 77.1%. Using the 4% rule, retirees in this county would need approximately $317,650 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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