📈 Investment & Retirement Calculators Missouri

Missouri Retirement Calculator

Plan your retirement in Missouri. Factor in lower cost of living and state income tax. Free calculator.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Missouri Quick Facts

4.8% Income Tax Rate

0.97% Property Tax Rate

$60,905 Median Income

89.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Retirement planning for Missouri. Missouri taxes retirement income at rates up to 4.8%. Cost of living index: 89.8 (100 = national avg). Desired income is pre-filled based on 80% of Missouri's median household income, adjusted for local costs. Uses compound growth with 4% safe withdrawal rate.

Key State Information

Retiring in Missouri: Missouri taxes retirement income at rates up to 4.8%. Cost of living: 89.8/100. Property tax: 0.97%. Median home: $235,000. Average home insurance: $2,200/yr.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Tax Foundation, SSA

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

Is Missouri a good state to retire in?

Missouri's state income tax of up to 4.8% may reduce retirement income significantly. Cost of living is below average (very affordable!). Median home price: $235,000.

How much do I need to retire in Missouri?

Using the 4% rule, to generate $4,060/month (80% of Missouri median income) you'd need approximately $1,218,100 saved. Adjust up or down based on your lifestyle and housing costs.