Are you aware of this year’s taxes?Â
Less money spent on taxes? That would be brilliant! You want to move to a different state this year, but you are not entirely sure about this. This is a straightforward question for most retirees. And that’s OK because you need to take into consideration a lot of facts if you want to move to another state. Maybe it’s because of the money, or maybe you want to be closer to your grandchildren. It doesn’t matter because we got your back!
Taxes can differ from one state to another, and it might be a burden, especially if your income is not what you expected it to be.
If you’ve thought about moving, which would be your ideal destination?
11 thoughts on “Curious About Big Taxes? Here’s How 8 States Tax Retirees”
You need to swap out Alabama for Virginia. Virginia taxes literally everything ata a high rate. I pay almost much personal property tax for my 4 year old truck as I do for my house.
I can’t quite understand your comment, but I think that you are saying that the taxes in Va are high & I agree! I get so upset every time I have to pay taxes on my vehicle every year!!!
I live in New York. Why do you have pay taxes on your vehicle?
What about Texas? Sure, property taxes are a little high; however, if you are a 100% disabled vet you pay 0 property tax on your primary residence. There is no state income tax, they don’t tax military retired pay or your vehicle when you register it every year like some states. TX is also one of the most veteran-friendly states with many discounts for vets. Also some of the best laws for gun owners.
James
THE U.S. GOVERMENT TAXES NEARLY ALL OF MY SOCIAL SECURITY AND THAT IS A CRIME AND A SHME! ITSBLOODMONEY. HOW DARE THEY!! I HATE PAYING TAXES ON SOCIAL SECURITY!!!
Yes agree my opinion, in general all our income tax rates state or federal are too high especially capitol gains tax. California is ridicoulous on capitol gains and state income taxation.
I find Delaware FAR more affordable than Connecticut.
Yes, and the beaches are a lot more welcoming! Not a lot of bikinis on the sound! 😉
I wish we didn’t have to pay property tax after 65 in Alabama. We are 82 and yes we are paying property tax. It’s not near as high as most states but it’s misinformation that we don’t pay property tax after 65.
IF you can afford a house in Colorado!!! We had to move out of Colorado because we are not millionaires!
Florida is a low tax state. We don’t have income tax. We have four main V.A. hospitals and dozens of V.A. out clinics not to menschen Military Basses. A veteran with 100% disability gets a free auto tag free hunting and fishing license. free entrance to state & Federal parks. No taxes on your house except fire, school and trash pickup. And the sun, bugs, rain, sunburns, tans, and the tourist crowds are also free. lol (please do not feed our gators, they are already friendly.)