Where Should You Call Home in Retirement?
Are you planning on retiring soon? There are a lot of things to consider and prepare for when you’re ready to call it quits and start enjoying the so-called “golden years,” especially when it comes to your financial future. One of the most important matters to take care of is how your taxes will affect your retirement. There are many different factors to consider, but one of the most important is simply where you live.
The Best
So what are the best states to call home after you hang up your working shoes for good? There’s a reason that Florida is the butt of many senior citizen jokes, but perhaps surprisingly, according to Kiplinger’s Personal Finance, the Sunshine State is only the tenth most tax-friendly state to live in for retirement. Other states in the top 10 on Kiplinger’s list from nine to one include South Dakota, Louisiana, Arizona, Delaware, Georgia, Mississippi and Nevada at number two. Taking home the top spot is Alaska.
The Worst
On the other end of the spectrum these 10 states scored the worst as far as being tax-friendly goes. In order from 10 to 1 they are: New York, New Jersey, Nebraska, California, Montana, Oregon, Minnesota, Rhode Island, Connecticut and Vermont. So there you have it. If you’re looking for a new tax-friendly place to call home when you decide to retire then consider these lists closely.
Thanksgiving week and gratitude
Thanksgiving is one of my favorite times of the year because it helps me to remember the many things I have to be grateful for: my family, relatively good health, friends, job, religious freedoms (I should probably use more often), and too many other blessings to list. Not to mention the Thanksgiving meal, mashed potatoes,…
Kary Oberbrunner Ignites! Authors, Entrepreneurs, and Influencers
Host of the American Dreams show, Alan Olsen, talks with Kary Oberbrunner, Author and CEO of Igniting Souls and Blockchain Life. Alan Olsen Welcome to American Dreams. My guest today is Kary Oberbrunner, Kary welcome to today’s show. Kary Oberbrunner Thanks for having me, Alan. Alan Olsen So Kary, great to have you here. You’ve done…
Family Businesses, Pamela Kan, President of Bishop-Wisecarver Corporation
Pamela Kan, CEO, Bishop-Wisecarver Corp. talks with the American Dreams show host, Alan Olsen, about family business and succession. Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. My guest today is Pamela Khan. She’s the president and owner of Bishop wise Carver. Welcome to today’s show. Pamela Kan Good morning, Alan.…
Using Your Money for Positive Change with Founder of Stickney Research
Using Your Money for Positive Change, with Founder of Stickney Research Warren Stickney is the founder and principal of Stickney Research, a firm that specializes in the design and implementation of net income makeup charitable remainder trusts (NIMCRT). In this interview, he discusses his passion on how to use your money for positive change in…