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Should We Move to Save $$$ on Taxes?

Should We Move to Save $$$ on Taxes?

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What are the perceived benefits of moving to a low-tax state in retirement? Is it all it’s cracked up to be?

We’re gonna cover a Wall Street Journal article by Debbie Carlson that delivers an important dose of nuance: “Don’t let the income-tax tail wag the total-spending dog.”

I also answer a very thoughtful question from Lynn about sequence of returns risk, as well as average returns vs order of returns.

Key topics from the article:

🏠 Real Estate & Insurance Can Eat Up the Savings
📊 For Middle-Income Retirees, Sales & Property Taxes Matter More
💵 Homeowners Insurance Is a Big—and Growing—Expense
📚 Don’t Forget State-Level Retirement & Estate Taxes
🧮 Ben’s Take: Look at the Whole Picture


Resource:
Article by Debbie Carlson: https://www.wsj.com/personal-finance/taxes/retirement-low-tax-rate-states-move-cabdb31b

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