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.
David Singh – Preserving Capital for the Next Generation
David Singh – Preserving Capital for the Next Generation Bio: David Singh, Chairman and CEO of Swiss Alpha Management: David Singh has a long and distinguished career in finance and banking spanning 27 years: 18 years of wealth management & advisory experience with family offices, and UHNWI; 9 years of Investment Banking & Trading experience…
Bob Regnier – Founder of Bank of Blue Valley
Running a Bank is no easy business. But Bob Regnier has been the CEO and Founder of Blue Valley Bank for more than 30 years! Find out how he undertook not only this feat, but also how he actively contributes to the community through education. About Bob Regnier Bob Regnier is the Founder and Vice…
Jordan Devey – Professional Football Athlete
The Former Super Bowl Champion, Jordan Devey, shares his story of becoming a champion football player only after playing football for 3 years before college. His persistence of goal setting throughout college football was the key way he made it to the big leagues. Listen to find out how his story can inspire you to…
The Secrets to Becoming Wealthy
What are the secrets to becoming wealthy? To become successful? When it comes to obtaining and holding wealth? [i] The truth is there is not one secret formula to becoming wealthy and staying wealthy. There are many different avenues available for those seeking answers. However, many people use the tried-and-true method of saving and investing.…