Which States Have The Lowest Taxes In Retirement?

(Image: RawPixel)

Looking for the most tax-friendly state to settle in at retirement? Or seeking to compare two possible destinations to see which offers the lowest tax bill?

You may be able to save hours of research by looking first at Kiplinger’s updated Retiree Tax Map.

It analyzes each state’s income tax, property tax, and even sales and estate tax to come up with the total amount you may owe in retirement.

If you are thinking of relocating, it always pays to do your homework. The Retiree Tax Map is a good first stop on your research journey and can quickly point you in the direction of states you may want to scrutinize further. This helpful resource is free online compliments of Kiplinger Personal Finance magazine.

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

Subscribe to our updates

Stay informed about financial planning and investing issues that impact your life today and tomorrow! (we respect your privacy)

, , , , ,

No comments yet.

Leave a Reply