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2006-06-10 05:07:24 · 3 answers · asked by mona h 1 in Business & Finance Renting & Real Estate

3 answers

Geographicly? One where you'd be happy. You might be miserable living in Hawaii. You might be happy in Iowa. It's whatever floats your boat.

Financially? It's in a state of comfort. If you're about to retire, hopefully you've saved and invested enough to be able to live comfortably. If you're planning yet, but still have some time, start socking money away in an IRA, in an SRA, too. If you're married, do this for your spouse, too. I've seen too many people that think they can retire and live on social security. That ain't gonna happen.

2006-06-10 05:16:28 · answer #1 · answered by Ralfcoder 7 · 0 1

My husband and I are long haul truckers originally from Texas - I clicked on this question basically to see what some of the answers where that you recieved - are you as dissappointed as i was - ;-) - seriously tho - it really all depends on where you are with your personal finances and then what sort of climate and topography you want to spend your golden years in! I did find it interesting about Alaska - I want to look closer at that - in our travels we have fallen in love with West Virginia and Virginia, Idaho, Utah, Vermont and above all Pennsylvania as far as beauty of the state is concerned but financially - all in all - Texas is still the best for housing costs and no state income tax - I can't recommend the beaches (ugh! lived in the Gulf Coast area all my life and yuck! except for Corpus Christi - it's ok) but if you want water front living go for a lake - Austin, Kerrville, anywhere in the Hill country is wonderful - East Texas up around Hemphill and Toledo Bend is really pretty - it's humid but hey! that keeps the wrinkles at bay longer! Good luck and God Bless

2006-06-10 05:42:13 · answer #2 · answered by Rosie 3 · 2 0

It depends on what you intend to do when you retire.

Do you want to travel alot? If so, it makes no sense to live in Alaska that has no state income tax, pays you to be a resident, and some counties don't have sales tax, but traveling out of AK is expensive.

If you desire ocenfront living, then the choices are Florida (high cost of housing but beautiful beaches) that has no state income tax and decent property tax or Texas, reasonable housing prices, not so great beaches, no state income tax.

2006-06-10 05:18:44 · answer #3 · answered by Anonymous · 0 0

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