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Retiring in Low-Tax States: 7 Stories

Wall Street Journal Markets •
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Seven retirees share their experiences moving to low-tax states for financial relief and lifestyle changes. They detail how eliminating state income tax, like in Texas, Florida, Nevada, or South Carolina, impacts retirement budgets. One retiree notes $45,000 in annual state tax savings.

Another highlights $200,000 in property tax reductions in Texas. They discuss trade-offs including higher property costs in Florida and healthcare access challenges in rural Nevada. All emphasize strategic financial planning to stretch fixed incomes.