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View Poll Results: COL or taxes: Smartest consideration?
Cost of living 10 32.26%
Low taxes 4 12.90%
Who cares. Go for quality of life and worry about it later. 17 54.84%
Voters: 31. You may not vote on this poll

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Old 08-23-2009, 07:09 AM   #21
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DW and I are systematically narrowing our choices. Our ongoing list is made up only of places that have a COL (including taxes) that are about the same as our current location or lower. Places with considerably higher (about 120%) COL aren't even being considered (like most of CA and the Northeast). From our list, the choice will be which provides the Quality of Life that most fits our wants and needs [some examples for us, climate, near a good sized fresh water lake, etc.]. Summarizes many of the previous posts all tied up with a pretty bow...

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Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
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Old 08-23-2009, 08:32 AM   #22
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I'm with those that see taxes as part of COL and look to optimize quality of life within a specific budget. Hard to separate all that.

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Old 08-23-2009, 09:21 AM   #23
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Location: Eastern WV Panhandle
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It's a complicated equation. "Quality of life" includes the cost of living, closeness or distance to amenities that are important to you, distance from family if that is important and so on.

When we retired, for DW being within an hour of her father and brother was a prime consideration, and mine was being out of the DC area traffic. So WV fit, although it was not perfect (I'd prefer to never see snow again) but her family is an easy 35 minute drive at any time of day, the grocery stores are 10-15 minutes away, as is medical care. And really, we only have to think about snow for two or three months of the year so I suppose that's endurable.
I heard the call to do nothing. So I answered it.
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Old 08-23-2009, 10:14 AM   #24
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QOL is most important for us, and we've w*rked an extra few years to be able to afford to live where we want, with COL a lower priority.

I believe taxes are a component of COL.

Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
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