SteveNU
Recycles dryer sheets
- Joined
- Feb 19, 2010
- Messages
- 416
First a little background. I've been retired for almost six years and I'll be 62 this year. My wife has been retired three years and is 58. We have lived in Connecticut in the same house since 1983. We had always wanted to move to New Hampshire where she is from after we retired.
We have three kids, all grown up and self supporting, and two grandkids. They all live nearby and we help out babysitting the youngest who is three.
Lately we've been giving this some serious thought because we really don't like the taxes here and the overall way things are going in this state. But I ran some numbers and it looks like a move would probably only save us $4,000 to $6,000 a year in tax savings. Luckily we live in a relatively low tax town or the numbers would be greater. The savings would be nice but it's not going to make a big difference in the long run.
So the question is really one of would you move and start a new life just to save a few thousand bucks?
Pros:
We love New Hampshire and enjoy the lifestyle there.
Her brothers and her Dad all live there.
Lower taxes overall.
Cons:
Leaving our home of 36 years and all our friends.
Moving away from where the kids and grandkids are all settled.
Starting over with a new life at our age.
The hassle and expense of buying and selling homes and moving.
We have three kids, all grown up and self supporting, and two grandkids. They all live nearby and we help out babysitting the youngest who is three.
Lately we've been giving this some serious thought because we really don't like the taxes here and the overall way things are going in this state. But I ran some numbers and it looks like a move would probably only save us $4,000 to $6,000 a year in tax savings. Luckily we live in a relatively low tax town or the numbers would be greater. The savings would be nice but it's not going to make a big difference in the long run.
So the question is really one of would you move and start a new life just to save a few thousand bucks?
Pros:
We love New Hampshire and enjoy the lifestyle there.
Her brothers and her Dad all live there.
Lower taxes overall.
Cons:
Leaving our home of 36 years and all our friends.
Moving away from where the kids and grandkids are all settled.
Starting over with a new life at our age.
The hassle and expense of buying and selling homes and moving.