Hi all,
I'm busy preparing for my return to the States after June 1st. It's important that I be within a couple hours drive to Montreal. Knowing that, I was looking at upstate New York around Plattsburgh, Vermont, New Hampshire and Maine. I've been out of the States since the 70's, and so this will certainly be different.
Every state is different with regard to taxes on retirement income, property taxes, sales taxes, and taxes on annuity interest and dividends. What started as a simple "I see a beautiful state like Vermont and I want to live there" has now become a confusing mess as I look at and analyze the different tax structures in each of these three states and how it will affect my semi-retirement.
I'm single, have my own health insurance for $3,000/year, and have a nice retirement income between $50,000 to $63,000 depending on how much I want to start off with. Based on your own personal experiences, which state would be the least painful with regard to taxes? I'd begin by renting and eventually buying a place, probably a townhouse.
I'm really just looking at these three states, and would welcome your opinions as to which of them would be the least expensive.
Thank you very much.
Regards,
Rob
I'm busy preparing for my return to the States after June 1st. It's important that I be within a couple hours drive to Montreal. Knowing that, I was looking at upstate New York around Plattsburgh, Vermont, New Hampshire and Maine. I've been out of the States since the 70's, and so this will certainly be different.
Every state is different with regard to taxes on retirement income, property taxes, sales taxes, and taxes on annuity interest and dividends. What started as a simple "I see a beautiful state like Vermont and I want to live there" has now become a confusing mess as I look at and analyze the different tax structures in each of these three states and how it will affect my semi-retirement.
I'm single, have my own health insurance for $3,000/year, and have a nice retirement income between $50,000 to $63,000 depending on how much I want to start off with. Based on your own personal experiences, which state would be the least painful with regard to taxes? I'd begin by renting and eventually buying a place, probably a townhouse.
I'm really just looking at these three states, and would welcome your opinions as to which of them would be the least expensive.
Thank you very much.
Regards,
Rob
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