Interesting...
Some threads give the impression that "everyone" is flocking out of IL to escape the politics and related financial mismanagement. The state seems to rank near or even at the bottom financially. Is this something to worry about for younger retiree? Maybe if you are old enough, then the "long term" is less of a worry...
How do you get through the winter? Do you snowbird?
I wouldn't guess about the future of taxes in Illinois, but they don't affect us. Our finances work in our favor, so we haven't had to pay income taxes in many years. As to local taxes, Illinois has a Tax Freeze provision for seniors, plus a Homestead Exemption that has kept our house taxes under $3000. We started out living in Woodhaven Lakes Campground in 1989, but when the winter temperature went to 15 below, and we had 36" of ice on the lake, we went to Florida and a 55+ community. Did that (6+6) 'til 2004, when we move into Liberty Village CCRC, here in Peru, IL. Haven't snowbirded since 2012. Sold our Florida place this year, when we decided we liked staying in one place. Recap of the last 30 years here:
http://www.early-retirement.org/forums/f27/sharing-23-years-of-frugal-retirement-62251.html
... and yeah, we ARE... "old enough"....
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