Many people consider moving when they retire — sometimes to be closer to family, sometimes to pursue certain interests/hobbies/adventures, and sometimes simply for financial reasons. Cost of living is of course an important factor in such decisions, and this week Christine Benz explores the various ways in which taxes play a role in cost of living. (A key point being: there’s more to pay attention to than just income tax rate!)
- How State and Local Taxes Affect Your Retirement Plan from Christine Benz
Other Recommended Reading
- The Pandemic Hasn’t Stopped Celebrations, But it Has Curtailed the Big Spending from Michelle Singletary
- Facing the Possibility of Incapacity from Jim Blankenship
- IRS Fails to Pursue Thousands of Rich Tax Cheats, Watchdog Says from Laura Davison
- Retirees: If You Love Income, You Should Love Cash Flow Even More from Christine Benz
- Form 1040-X (Amended Return) Electronic Filing Options Coming this Summer from the IRS
- Non-Qualified 529 Expenses – Taxation and Penalties from Sterling Raskie
- Robos Haven’t Failed – They Get an “A” for Being Average from David Blanchett
- When CFP Professionals Have To Actually ‘Do’ Financial Planning from Michael Kitces
- Schwab-TD Ameritrade Deal Surpasses Milestones from Jessica Mathews
- Investing According to Jack Bogle from Jim Dahle
I hope you’re well, and thanks for reading!