General World News

Retirees moving to low-tax states may be disappointed by the savings they find

For retirees who are contemplating a move to a state with lower or no income tax, they may find that they should consider other realities of their final destination. Focusing solely on income taxes without considering other associated costs may not bring about the savings they hope for or expect.

This is according to a report published this week by the Wall Street Journal. Speaking with investment advisors, tax professionals, economists and people who have made such moves, the story assesses the impact of other costs — including other taxes — that may reduce or even out details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com