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Posted on 5/15/21 at 7:51 pm to rickgrimes
if you are smart it wont be anywhere near america and it will be somewhere you have rights that are protected
Posted on 5/15/21 at 7:55 pm to rickgrimes
Asheville, NC
Greenville, SC
Fayetteville, AR
Honestly, just outside of Knoxville would make the most sense. No state income taxes, close to mountains/large college activities
Greenville, SC
Fayetteville, AR
Honestly, just outside of Knoxville would make the most sense. No state income taxes, close to mountains/large college activities
Posted on 5/15/21 at 8:13 pm to Jon Ham
quote:
Baton Rouge.
Ah the smell of sulfur in the air is so refreshing
quote:
If you never retire you do not need to worry about saving money.
THis will be be me. My gravestone will read "Finally Retired."
This post was edited on 5/15/21 at 8:16 pm
Posted on 5/16/21 at 1:08 am to rickgrimes
I sure hope $2.6m plus home equity and $46k pension is enough to retire.
I plan to retire soon at 45 w same balance, no home equity, and $70k pension. We still have 2 kids in elementary school. Main things that worry me are the out of control housing market and inflation.
Aiming to relocate between St Aug and Jax, FL. We are eager to settle somewhere and establish roots after 20+ years moving frequently in military.
I plan to retire soon at 45 w same balance, no home equity, and $70k pension. We still have 2 kids in elementary school. Main things that worry me are the out of control housing market and inflation.
Aiming to relocate between St Aug and Jax, FL. We are eager to settle somewhere and establish roots after 20+ years moving frequently in military.
This post was edited on 5/16/21 at 1:25 am
Posted on 5/16/21 at 1:21 am to Cosmo
quote:
Also retiring at 59 with only 2.6 mill is suspect
Please Cosmo what do you know about having 2.6mm - we know you earn much more by being the first to respond on every OT post since 2005 - loser
Posted on 5/16/21 at 5:58 am to kj993
quote:
Greenville, SC
Close by is Glassy.
In the Blue Ridge Mountains.
Great golf. All four seasons.
Posted on 5/16/21 at 6:23 am to rickgrimes
quote:
We will have about $46,000 in pension income as well as access to retiree medical insurance.
You must have worked in a government job.
Posted on 5/16/21 at 6:26 am to rickgrimes
quote:
We expect to spend around $600,000 on a home wherever we end up.
With one of the criteria being good scenery, the house budget might put a damper on what you can get. Typically the better the view, the higher the price.
Do you like to look at water, mountains, forest or other natural beauty or maybe more man made scenery like a city skyline?
Posted on 5/16/21 at 7:13 am to Tiger Prawn
quote:
$100k a year income
quote:
Easily doable
You don’t say?
Posted on 5/16/21 at 7:40 am to notiger1997
quote:
Fairhope Alabama near the bay
Funny that I should see this in a post. My wife and I are in our 50's and drove along the bay in Fairhope yesterday. We were actually looking for an area to relocate to for retirement. Fairhope is gorgeous, but $600K will pretty much only buy you a vacant lot. I noticed from real estate websites that you can buy the same view from the other side of the bay for about $80K. I haven't driven around over there, so am not sure what the drawback is other than not being Fairhope.
We also drove around Perdido Key side of Florida, which would save on the 5% state income tax in Alabama, but it just doesn't have the vibe and beauty of the Fairhope / Daphne area. The traffic along the key was pretty awful too, even before the summer season officially in gear.
Posted on 5/16/21 at 7:48 am to FLObserver
quote:
quote:
Baton Rouge.
Ah the smell of sulfur in the air is so refreshing
Baton Rouge doesn't smell like refineries, maybe roasting coffee as you cross the bridge. It's really not a bad area as much as people complain about it. My gripe with Baton Rouge is the idiotic interstate design, traffic and cost of some items like registering a car and auto insurance. I've been here two years and still have out of state plates. However, somebody needs to clean the scum out of the lake and pressure wash the capital building.
Posted on 5/16/21 at 8:24 am to rickgrimes
Louisiana taxes retirement income.
So I would go with Mississippi. Maybe the gulf coast somewhere, but not on the beach with their budget.
I’m sure there is a golf community for old folks around there that is really nice. If not, Florida is usually a good option for retired people.
So I would go with Mississippi. Maybe the gulf coast somewhere, but not on the beach with their budget.
I’m sure there is a golf community for old folks around there that is really nice. If not, Florida is usually a good option for retired people.
This post was edited on 5/16/21 at 8:25 am
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