Tax Day 2023 and how to get an extension from the IRS
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The 12 Best Places to Retire
Whether you’re retired, or just daydreaming of the day, you may want to look closely at these locations. A generous tax code, friendly cost of living, and adequate infrastructure can stretch your nest egg much longer, making you happy and more comfortable.
Retiring is a celebrated achievement in life. You can finally kick back and walk around in your pajamas all day. In the evening, you can go for a sunset cruise on the boat you just bought as a gift to yourself. While it may seem like the worries and stresses of working life are behind you, you may resort back to fretting about something: having enough money to carry you through retirement and live comfortably.
Below are a few places in the U.S. known for their generous retirement living situation, with emphasis on a tax-friendly environment. If you’re curious, take a look. Each location offers their own set of welcoming characteristics!
- Bethlehem, Pennsylvania
- Nashua, New Hampshire
- Hollywood, Florida
- Greenville, South Carolina
- Sugar Land, Texas
- Chattanooga, Tennessee
- Iowa City, Iowa
- Rapid City, South Dakota
- Reno, Nevada
- Sante Fe, New Mexico
- Spokane, Washington
- Bend, Oregon
Retiring overseas
If retiring domestically doesn’t seem like a good fit, what about moving to a foreign country?
The following list takes 13 aspects into consideration, ranging from the cost of living and taxes to environmental conditions.
The top places to retire overseas:
- Algarve, Portugal
- Valletta, Malta
- Mazatlan, Mexico
- Abruzzo, Italy
- Saint-Chinan, France
- Kuala Lumpur, Malaysia
- Lisbon, Portugal
- Budapest, Hungary
- San Miguel de Allende, México
- George Town, Malaysia
Whether you’re retired, or just daydreaming of the day, you may want to look closely at these locations. A generous tax code, friendly cost of living, and adequate infrastructure can stretch your nest egg much longer, making you happy and more comfortable.
These free resources should not be taken as tax or legal advice. Content provided is intended as general information. Tax regulations and laws change and the impact of laws can vary. Consult a tax advisor, CPA or lawyer for guidance on your specific situation.
