What Does It Take To Retire In Mesa, Arizona With $800,000?

$800,000 supports a Mesa retirement at 67, but only with a paid-off home and a 3.5% withdrawal rate, leaving roughly a $15,000 annual cushion.

A 4% starting withdrawal rate fails about one-third of the time over a 28-year horizon under today's 3% inflation assumption.

Summer cooling bills topping $450 a month, homeowners insurance in the low-$4,000s, and age-based Medigap hikes are the three costs most likely to break this budget.

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A 67-year-old retiree is nearing the finish line with a portfolio in the high six figures, a paid-off home sale on the horizon, and a Social Security check of about $2,700 a month. Like thousands of retirees before her, she has Mesa, Arizona circled on the map. The appeal is obvious: sunshine, golf, proximity to Phoenix's healthcare system, and a retirement culture built around people in exactly the same stage of life.

The question is whether the numbers work as well as the weather. An $80

Fuente original: Yahoo Finance (https://finance.yahoo.com/real-estate/articles/does-retire-mesa-arizona-800-200142230.html)