Everyone's goals are different when it comes to choosing where to retire, but from a tax perspective, there are some clear winners that can allow folks to maximize the value of accumulated retirement savings.
Below is a list of 10 of the top states for retirees, from a tax perspective.
A note on residency: For clients seeking to take advantage of some of the property tax exemptions permitted in these states, it's important to note that they must generally establish residency in the new state in order to be eligible. Establishing residency can be accomplished in a variety of ways, including by providing proof of the date out-of-state residency ended and in-state residency began (for example, by showing an in-state drivers' license, utility bills, vehicle and voter registration, and addresses on bank statements and IRS returns).
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