Salary Needed to Live in Fort Worth as a Retiree
A retired individual (65+) needs approximately $18,446/year to live comfortably in Fort Worth, TX — including 5% savings.
Comfortable Salary
$18,446
with 5% savings
Bare Minimum
$17,216
no savings buffer
Monthly Expenses
$1,076
12% below national avg
Detailed Monthly Budget for a Retiree in Fort Worth
| Expense | Fort Worth | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $103 | $121 | -15% |
| 🛒 Groceries | $17 | $16 | +6% |
| ⚡ Utilities | $13 | $15 | -13% |
| 🚗 Transportation | $16 | $18 | -11% |
| 🛡️ Car Insurance | $141 | $223 | -37% |
| 🏥 Health Insurance | $62 | $56 | +11% |
| Medicare Supplement | $188 | $200 | -6% |
| Prescription Drugs | $141 | $150 | -6% |
| Internet + Phone | $113 | $120 | -6% |
| Recreation & Social | $188 | $200 | -6% |
| Home Maintenance | $94 | $100 | -6% |
| Total Monthly | $1,076 | $1,219 | -12% |
How We Calculated the Salary
Monthly expenses:$1,076
Target savings (5%):$61/mo
Monthly after-tax needed:$1,137
Effective tax rate:25%
Gross annual salary needed:$18,446
Other Household Types in Fort Worth
Related Pages
FAQ
What salary does a retiree need in Fort Worth?
A retiree needs approximately $18,446/year ($1,537/month gross) to live comfortably in Fort Worth with a 5% savings rate.
How much is rent for a retiree in Fort Worth?
A 1-2br senior-friendly in Fort Worth costs approximately $103/month, which is the largest single expense at 10% of the total budget.
Is Fort Worth affordable for a retiree?
Yes, Fort Worth is 12% more affordable than the national average for a retiree.