Free retirement calculator tailored for Arkansas (AR). Calculate instantly with state-specific rates and rules.
Arkansas's very low cost of living can make a modest retirement nest egg go further here than almost anywhere in the country. The state's top income tax rate is 4.7% (reduced from 5.9% in recent years).
| Data Point | Value |
|---|---|
| Average Retirement Savings (55-64 age group) | $88,000 |
| Median Household Income | $48,952 |
| Arkansas Tax on Retirement Income | Arkansas does not tax Social Security benefits. |
Arkansas does not tax Social Security benefits. The state provides a $6,000 exemption on other retirement income (pension, IRA, 401k withdrawals) for residents 59½ and older.
The average Arkansas household nearing retirement (ages 55-64) has approximately $88,000 in retirement savings. Financial planners commonly recommend having 10-12x your final salary saved by retirement age. For the median Arkansas income of $48,952, that suggests a target of roughly $489,520 to $587,424.
Use CalcuWealth's retirement calculator to model your specific situation — including your expected Social Security, any Arkansas pension, and your investment portfolio — to find your personal retirement number.
Data: US Census Bureau ACS 2023, Zillow (2024), Vanguard How America Saves (2023), NCES. Updated 2024–2025. Figures reflect state averages — consult a licensed financial advisor for personalized guidance.
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