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re: Could you retire someplace where you have no friends or family?

Posted on 2/14/20 at 3:44 pm to
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 2/14/20 at 3:44 pm to
quote:

That is my plan. I want the mountains and don't want to pay the Louisiana retirement taxes!!!


Isn’t Louisiana in the top 5 for cheapest taxes nationally? This kind of depends if your trying to avoid income or property taxes, but Louisiana is about the best you can do if you take both into consideration. I’m Florida we have no income tax but our property taxes are high (roughly #19-22 nationally). We save a bit by maintaining that as primary residency and getting a homestead exemption on the property tax. In Colorado the property taxes are relatively low (#4-10 nationally) and insurances are much cheaper.
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