When considering the perfect spot to spend your golden years, you’ll likely take many factors into account: cost of living, weather, proximity to loved ones and maybe even your ability to pursue hobbies that are important to you. Nothing says comfortable retirement quite like living next door to your favorite golf course or fishing hole, after all. But one piece of the retirement-planning puzzle that can easily be overlooked is taxes. Though it might seem less important than the aforementioned factors, a high tax rate will deplete your nest egg faster than you can say, “But my favorite golf course is in Minneapolis!” So, it’s important to know what your ideal retirement city’s tax situation looks like. …
Original article: https://www.gobankingrates.com/retirement/planning/the-most-and-least-tax-friendly-cities-for-retirees/
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