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Top 5 States Retirees Are Moving To In 2024 (Does it Makes Sense?)

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Safeguard Wealth Management

C you planning to move in retirement? Are you including all of the relevant variables that will lead to one state being better for you than another? Many make the mistake of just focusing on income tax... You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 5440576 or go to https://www.safeguardinvest.com/contact.'>https://www.safeguardinvest.com/contact.

Timestamps:
0:00 Top 5 States Retirees Are Moving To And Leaving
0:20 The Problem With Focusing Just on Income Tax
1:21 The Tricky Variables in State vs. State Comparisons
2:53 Top 5 States, Bottom 5 States
3:44 Assumption #1 Cost of Living
5:15 Assumption #2 State Income Tax
7:35 Assumption #3 Other Tax Considerations
8:12 Assumption #4 Sales Tax
9:35 Assumption #5 Real Estate Costs
11:21 The Results Basic Retirement
12:17 The Results "Comfortable" Retirement

Sources:
https://www.redfin.com/news/datacenter/
https://taxfoundation.org/data/all/st...
https://itep.sfo2.digitaloceanspaces....
https://www.gobankingrates.com/retire...
https://blog.hireahelper.com/2024stu...

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Safeguard Wealth Management is an SEC Registered Investment Advisor. Safeguard Wealth Management is not an insurance provider. All content on YouTube is for informational purposes only and should not be taken as personal advice for your situation. You can read more disclosures at https://www.safeguardinvest.com/fiduc...

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