David Muhlbaum and Rocky Mengle of Kiplinger.com review the 10 states that you should consider for retirement due to their tax-friendly rules and regulations.
If you’re thinking of moving to a different state in retirement, you’ll want to consider climate, proximity to family and friends, access to quality health care, and a host of other important factors before picking a new location. But make sure you add taxes in the new state to the list of considerations. The total state and local tax burden in one place can be thousands of dollars more per year than in another. That can make a huge difference when you’re trying to stretch out your retirement savings.
With no sales tax, low property taxes, and no death taxes, it should come as no surprise that…
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