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jakkom

Tax-friendly states for retirement

jakkom
14 years ago

Kiplinger and MSN Money posted an excellent article and interactive map to show exactly how different states tax retirees. They make the good point that just looking at income taxes is not enough; often sales and property taxes can be very high and offset any income tax savings.

The MSN money article is at: http://articles.moneycentral.msn.com/RetirementandWills/RetireInStyle/tax-friendly-places-to-retire.aspx

The interactive map (each individual state has its own set of statistics; the map is blank without titles so make sure you can recognize the outline of the state you want to click on!) is linked below:

Here is a link that might be useful: Tax-friendly states for retirees

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