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Re: Where do you want to live when you retire?

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Message 111 of 346
Grove city Ohio had new house built.
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Re: Where do you want to live when you retire?

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Message 112 of 346

Property taxes and sales tax in IL are near the highest in the nation and going up, if they’re not the highest.  I live in a starter home in an area that hasn’t recovered as well economically as most others and for a small property I’m paying $5,600/year in real estate taxes.  People who live in areas that have recovered faster can pay up to $14,000 a year in real estate taxes - over a thousand dollars a month.  That’s a huge chunk of most retirees’ Budget.

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Re: Where do you want to live when you retire?

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Message 113 of 346

Do you have any idea where in Arizona?  I live in the Southern area (think Tombstone). the Northern area is beautiful too, cooler climates, snow, more evergreen.  Phoenix (central) can be unbearbly hot in summer.  Ive been here since 2008 this time but lived here (military) 3 other times in my life.  I'm in same situation like you under 2 years.  Originally from Indiana, I'm heading to Tennessee for cooler temps, like you are for hotter temps.

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Re: Where do you want to live when you retire?

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Message 114 of 346

I'm confused about your Taxes everything statement.  The information I received does speak about sales tax Thats the consumables you mention(most states do)  Where I am in Arizona, its 9%. Property tax too but here too.  

But wjhen I see:

No State tax

IRAs, 401a, private and public pension Not taxed

Tennessee gives tax break on property tax for 65, disabled, veterans (me). 

 

If you are only talking sales tax.....I can accept that

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Re: Where do you want to live when you retire?

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Message 115 of 346

I want to move to Arizona from Illinois when I retire in less than 2 years...I am moving because they have a lot of sun and warm weather...I'm tired of the cold...

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Re: Where do you want to live when you retire?

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Message 116 of 346

House is paid for. Looking to retire in about 7 months. Would like to work part time at an Apple store. Do not want to stay in Illinois, however, as taxes are killing me. Looking for place with international airport, excellent healthcare, education opportunities, arts, education, recreation, friendly town, walkable, that I can afford.  Can be overseas.  In the meantime, I'll stay put and work on that Apple job while I decompress from this one. 

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Re: Where do you want to live when you retire?

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Message 117 of 346

My wife and I plan out of retiring to Florida's Palm Coast where we plan on volunteer our time with our religious organization there.

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Re: Where do you want to live when you retire?

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Message 118 of 346

With 4 years until my husbandf retires , we are planning now of where to live. Currently we live in NE PA which is a tax friendly state for retirees however we are looking for less hustle and bustle. I was considering NC but read it isn't tax friendly. So now we are considering southern VA. We ant 4 seasons but a more less snow than here. It is such a major decsion and there is so much to research. 

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Re: Where do you want to live when you retire?

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Message 119 of 346

I'd love to retire in Tennessee. We've vacationed in Tennessee and loved the Smokey Mountains, no state income tax and low costs for housing compared to Maryland. 

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Re: Where do you want to live when you retire?

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Message 120 of 346

Thank you, this is great getting all this input. Being close to VA is important. I have a variety of interests so it all sounds great. 

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