Talk of The Villages Florida - View Single Post - Interesting view of how much one needs to retire
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Old 04-13-2015, 03:05 PM
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Dr Winston O Boogie jr Dr Winston O Boogie jr is offline
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Quote:
Originally Posted by Walt. View Post
Another point. If you're retiring from a mega-tax state like New Jersey or New York, to a place like Florida, the difference between the state income tax and the property taxes can be like getting an additional pension.
Another big plus for TV. If you're sitting at a club, nobody cares if you were the President of IBM or the guy who worked at IBM's mail room.
You, I came from Massachusetts where state income tax was over 5% and the property tax on my house was about $5,000. Here, zero income tax, and property tax under $1,000.
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