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Where Will You Retire?
One of the more important questions to ask yourself about retirement is where you will go. Are you planning on relocating or staying put? Many variables are taken in to account when people ask themselves this question. Most revolve around moving closer to family and friends or relocating to an area that focuses on the needs and wants of seniors in retirement. One other thing to keep in mind is the cost of living for certain areas. When you are living on fixed income you may find yourself in need of a more frugal living situation. One of the best ways to do this, and the first thing you should look for, is finding states that do not tax Social Security benefits. For more information on this topic, visit this article by Chris Thornburgh with Bakersfield.com.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.