Did you know that 37 states currently do not tax Social Security benefits? Now that you know, it behooves all of us to relocate for retirement to states with fantastic weather, great food, and amazing scenery!
Taxes and ever-rising healthcare costs are the largest expenses for retirees. We might as well put some effort into controlling what we can control. If we’ve already paid a large amount of FICA tax during our working years, doesn’t it seem like robbery that we’re getting taxed again once we get to collect? I, for one, refuse to let the government take more advantage of me in retirement.