Free retirement calculator tailored for Oregon (OR). Calculate instantly with state-specific rates and rules.
Oregon's high income tax rates on retirement withdrawals are a significant consideration. However, Oregon has no sales tax (significant savings on consumer spending) and no capital gains tax differential — long-term gains are taxed as ordinary income at regular rates.
| Data Point | Value |
|---|---|
| Average Retirement Savings (55-64 age group) | $160,000 |
| Median Household Income | $72,859 |
| Oregon Tax on Retirement Income | Oregon does not tax Social Security benefits. |
Oregon does not tax Social Security benefits. Oregon exempts certain pension income (primarily for public employees). Other retirement income is taxed at Oregon's graduated income tax rates of 4.75% to 9.9%, which are among the higher rates in the country.
The average Oregon household nearing retirement (ages 55-64) has approximately $160,000 in retirement savings. Financial planners commonly recommend having 10-12x your final salary saved by retirement age. For the median Oregon income of $72,859, that suggests a target of roughly $728,590 to $874,308.
Use CalcuWealth's retirement calculator to model your specific situation — including your expected Social Security, any Oregon 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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