Most Important Best Place to Retire Criteria: Taxes, Affordability, or Location?

Category: Financial and taxes in retirement

November 23, 2009 – It’s impossible to see into the minds of our readers to try to assess their motivations in finding their best place to retire. We do, however, have some evidence based on which of our articles get read the most. No surprise, articles on low-tax states and most affordable always attract many readers. As in that rude truism, “It’s the Economy, Stupid”.

One of our pet peeves is the overemphasis that many people place on low taxes as a retirement criteria. In this article we will argue (more…)

Posted by John Brady on November 23rd, 2009

With Some States in Trouble, Be Careful About Worst States to Retire

Category: Financial and taxes in retirement

Editor’s note: This report was originally written in 2009. There have been several new articles since then, notably “Worst States for Retirement, 2014“, which are more up-to-date.

Deciding which state you ought to retire to is hard enough. First you have to find the right climate, tax structure, environment, culture, crime, etc. But with the economic recession of the last few years another factor enters in – is your state in financial trouble so deep it might not be able to dig itself out (think worst states to retire)? The Pew Center on the States issued a report last week that should be enough to (more…)

Posted by John Brady on November 16th, 2009

Existing Homeowners to Be Eligible for Tax Credit

Category: Retirement Real Estate

Nov. 5, 2008. Much to the glee of builders, bankers, and real estate agents, the bill to extend the tax credit for new home buyers was passed by both the House and the Senate. President Obama is expected to sign the legislation very soon.

But wait, there’s even better news! Under the new law existing homeowners, not just first-time buyers, will be eligible. The legislation is expected to help keep recent economic momentum going, perhaps not at Cash for Clunkers levels, but positive nevertheless. (more…)

Posted by John Brady on November 10th, 2009

Meet the New Boss – Your HOA

Category: Active adult communities

Updated Sept. 2016 – This updates our 2009 article on Home Owner Associations, the introductory piece of a 3 part series about these important, but controversial organizations (often called Community Associations). The 2nd in the series features an insightful interview with Joe West, CEO of the Community Associations Network about the issues buyers should know about Home Owners Associations before they sign on the dotted line. Part 3 focuses (more…)

Posted by John Brady on November 9th, 2009