 |
|
Why do retirees move to Maine?
12-31-2007, 12:23 PM
|
#1
|
Thinks s/he gets paid by the post
Join Date: Mar 2007
Posts: 3,323
|
Why do retirees move to Maine?
Maybe I just am not getting it, but tons of retirees are slated to move to Maine from now and up to 2030. Doesn't Maine have one of the worst records of all the States when it comes to taxes? Other than it being a safe State with wonderful scenery and outdoor activities, why in the world would a retiree--for gosh sakes!--move to tax high Maine? :confused:
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
12-31-2007, 12:30 PM
|
#2
|
Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,666
|
There's something about that ice fishing I guess. I'm staying in Florida myself.
|
|
|
12-31-2007, 12:47 PM
|
#3
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 12,706
|
Quote:
Originally Posted by Orchidflower
Other than it being a safe State with wonderful scenery and outdoor activities, why in the world would a retiree--for gosh sakes!--move to tax high Maine? :confused:
|
Ahhhh........ wonderful scenary and outdoor activities sound good to me. I'm staying where I'm at for family reasons, but if we could cut loose and move, an outdoor orientated state would be my choice. Many of these, including Maine, are not the most tax friendly. But, as long as I could afford it, I'd move to where I'd enjoy myself the most.
One of DW's long time girlfriends, a fellow retired teacher, moved to Maine two years ago. DW visits her for a week every summer and reports the area and her friends retirement lifestyle there are first class, very desireable.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
|
|
|
12-31-2007, 12:55 PM
|
#4
|
Full time employment: Posting here.
Join Date: Nov 2005
Posts: 655
|
DW and I spent 2 weeks in Bethel, Maine a few summers ago. It is indeed very beautiful scenery. I can understand why someone would want to retire there, if they can afford the taxes. Winters, I understand would be very harsh. But then that keeps people from flocking there in large droves and ruining the environment.
|
|
|
12-31-2007, 01:12 PM
|
#5
|
Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
|
I don't get that either. I would rather move to NH than Maine. Same kind of scenery without the taxes.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
|
|
|
12-31-2007, 01:38 PM
|
#6
|
Thinks s/he gets paid by the post
Join Date: Mar 2007
Posts: 3,323
|
Thanks, retire@40...sometimes I think I must be alone in this thinking. Why in the heck would someone pay those high tax rates of Maine when they can ice fish--and be closer to Boston if they are interested--in New Hampshire?
I keep wondering if there is some great tax benefit that I don't know about in Maine...is there? Are you people in Maine keeping it a secret from the rest of us? Fess up!
|
|
|
12-31-2007, 02:11 PM
|
#7
|
Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
|
Being from MA, I go to Maine, NH, and/or Vermont every year. I like them all, but they do have a lot of scenic similarities (besides no Ocean in Vermont).
NH tends to be my favorite for various reasons. I may move there later in life.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
|
|
|
12-31-2007, 07:20 PM
|
#8
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 34,707
|
I thought there weren't that many retirees to Maine because the winters were so harsh.
Audrey
|
|
|
12-31-2007, 07:42 PM
|
#9
|
Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
|
I would like to return to Maine; but only with an earthship type abode.
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
|
|
|
12-31-2007, 11:19 PM
|
#10
|
Thinks s/he gets paid by the post
Join Date: Mar 2007
Posts: 3,323
|
Maine has retirees flocking there already, which is why I am asking why when it costs so much there taxwise.
According to the US Census Bureau, New England is to acquire a number of retirees also by 2030. But, in all honesty, New England will grow the least of all the regions, so what does that mean really?
Regardless, it seems that New Hampshire, Maine, Vermont are going to be acquiring the affluent $$$ retirees from New Jersey, Massachusetts, NY and other NE States.
And California, Texas and Florida are supposed to have half of the US population in those 3 States by 2030. (I gotta quit doing all this homework on the net.)
|
|
|
01-01-2008, 05:48 AM
|
#11
|
Recycles dryer sheets
Join Date: Nov 2005
Location: Lost State of Franklin
Posts: 405
|
Cheap Lobster
We go most every Summer for a week or so. Haven't tried Winter yet, but then NY is no winner either.
Jeb
|
|
|
01-01-2008, 07:00 AM
|
#12
|
Thinks s/he gets paid by the post
Join Date: Mar 2007
Posts: 3,323
|
Well, in all honesty, I could be had for a good lobster myself......mmmmm.
|
|
|
01-01-2008, 08:08 AM
|
#13
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 8,933
|
Quote:
Originally Posted by retire@40
I don't get that either. I would rather move to NH than Maine. Same kind of scenery without the taxes.
|
Golfed with a guy that used to live in NH. He loved it. He said during the summers the a/c was on maybe 10 days. Of course the winters are tough but he enjoyed winter sports so he didn't mind.
Retired to MS because he grew up here and cheap real estate.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
|
|
|
01-01-2008, 10:33 AM
|
#14
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
Not every retiree is as sensitive to taxes as others. I could see a lot of wealthy folks from the Boston area falling in love with the scenery and the local culture.
A lot of CA retirees stay in state and move to the Sierra foothills and Lake Tahoe area, too, much for the same reason -- they vacationed there, they love it there and they want to retire there -- and they can afford it, especially if they cleared half a million or more from the sale of their previous home.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
01-01-2008, 10:39 AM
|
#15
|
Moderator Emeritus
Join Date: Dec 2005
Posts: 10,125
|
My Uncle retired there from CA because my Aunt was from there and wanted to move back.
__________________
Angels danced on the day that you were born.
|
|
|
01-01-2008, 06:01 PM
|
#16
|
Thinks s/he gets paid by the post
Join Date: Jul 2003
Location: Pasadena CA
Posts: 3,207
|
I have loved visiting Maine & NH. But this part of the world, while physically beautiful, can be very provincial. My friends who moved there 20 years ago are still 'outsiders'. One of the few places in the US where you may need several generations to be truly considered a local.
__________________
T.S. Eliot:
Old men ought to be explorers
|
|
|
01-01-2008, 06:17 PM
|
#17
|
Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
|
Quote:
Originally Posted by yakers
I have loved visiting Maine & NH. But this part of the world, while physically beautiful, can be very provincial. My friends who moved there 20 years ago are still 'outsiders'. One of the few places in the US where you may need several generations to be truly considered a local.
|
My father (and many of his predecessors) was born and grew up there, so I'd probably have less trouble than most.
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
|
|
|
01-02-2008, 08:15 AM
|
#18
|
Thinks s/he gets paid by the post
Join Date: Mar 2007
Posts: 3,323
|
Lets add Texas to that list of places where you are an outsider unless you grew up there. And, God forbid you are a Yankee, as you will be most unappreciated (to put it kindly).
And I was a Yankee from Chicago, so , when I got there, I talked fast like they do in Chicago. They hated me for it, and I knew it; so, I had to really work on slowing down my speech patterns when I was in a social situation. Ironically, fast speech and Chicago ways didn't seem to affect my selling at all. How do I know? Cause I was always #1 in any office (this is before I went into biz for myself). Go figure?
But socially was being a Yankee from Chicago a negative? You bet it was in Houston.
Also, where I grew up in Illinois on the Iowa border where I am staying now, I talk to gals in the locker room who have been here a few years only saying how hard it is to penetrate and gain some friends here. They like the area, but tell me they can't get any friends. I can see why as this is a post-industrial area that now has little in and out traffic, so everyone here almost grew up here. Me, I feel comfortable and like I fit in. Why? I have no idea unless it is because the area is familiar with me from my youth. But I do hear it here from new transplants over and over.
I think this goes on alot more than we think. California, NYC, Chicago, D.C. are areas I have spent time in and never felt like an outsider. Why? They have so much movement in and out that they are so much more sophisticated and cosmopolitan than most areas.
Just an opinion, and not saying I am right.
I know one thing: if I ever move back to a metro in Texas, I am telling them I am from Houston. Period. Saying you are from Chicago or any place up North rates you as an a**hole there. And anyone who has not picked up on that and lives in Texas is either blind or fooling themself.
|
|
|
01-02-2008, 08:22 AM
|
#19
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 49,397
|
Quote:
Originally Posted by Orchidflower
I know one thing: if I ever move back to a metro in Texas, I am telling them I am from Houston. Period. Saying you are from Chicago or any place up North rates you as an a**hole there. And anyone who has not picked up on that and lives in Texas is either blind or fooling themself.
|
Orchid, may I add your testimonial to my list of "Reasons you shouldn't move to Texas"?
__________________
Numbers is hard
|
|
|
01-02-2008, 08:46 AM
|
#20
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 46,762
|
Quote:
Originally Posted by Orchidflower
I know one thing: if I ever move back to a metro in Texas, I am telling them I am from Houston. Period. Saying you are from Chicago or any place up North rates you as an a**hole there. And anyone who has not picked up on that and lives in Texas is either blind or fooling themself.
|
When I travel to Houston for work, I don't even tell the cabbies that I'm from Louisiana!! Houstonians don't think much of Katrina evacuees, and probably for good reason.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
 |
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
Search this Thread |
|
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|