Readers' Comments
Total Comments: 20
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Protecting Your Retirement Income By Paying Lower Taxes
Total Comments: 20
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| Close | Change | YTD | |
| G | $12.7116 | +0.0013 | +3.51% |
| F | $12.1775 | +0.0497 | +2.07% |
| C | $9.4002 | -0.9235 | -43.24% |
| S | $10.4051 | -1.2566 | -47.42% |
| I | $12.2414 | -0.9997 | -50.56% |
| Close | Change | YTD | |
| L 2040 | $11.1768 | -0.8749 | -38.72% |
| L 2030 | $11.4481 | -0.7783 | -34.24% |
| L 2020 | $11.8446 | -0.6618 | -28.86% |
| L 2010 | $13.2444 | -0.3625 | -14.33% |
| L Income | $12.4113 | -0.2200 | -7.86% |
December 2, 2008
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Don't come to CA
Interior
Wed Feb 13, 2008 2:50 PM
Post Reply
The taxes will eat you up. We have earthquakes. Sometimes we have floods; sometimes droughts. And if we can scare enough people away, we can have enough relief from overcrowding to be able to enjoy the best climate in the world, with some of the best restaurants and first class culture. Hmm? Time to raise the income tax again?
How about an article on retiring aborad/overseas?
DoD
Wed Feb 13, 2008 3:06 PM
Post Reply
Some of the comments to your previous story asked about retiring to another country. I, too, am interested in what considerations there are to retiring in another country such as France, Italy, Germany, England, Sweden, Mexico, Canada, Costa Rica, etc. Since I have not been able to travel to other countries in my career (at least not so far), I would like to know what the pros and cons are to considering a move overseas or out-of-country. I understand that the value of the dollar is not in favor of such a move right now. I also believe there would be taxes imposed by the destination country. There is also the issue of how to leverage the FEHB in retirement (viz., could I/we use the same health care provider that cares for Civil Servants at the destination country's US Enbassy?).
Please reply or write a story on the pros and cons of retiring and living abroad vs just traveling abroad.
Re: How about an article on retiring aborad/overseas?
DoD
Tue May 20, 2008 5:46 AM
All of the EU has similar costs - however - Panama is one country that is making it easier for foreign retirees.
tax break for federal in OR
retired nps
Mon May 19, 2008 10:01 AM
Post Reply
In addition to the overall tax burden- you may find it even lower than stated for Oregon. It has a partial tax exemption on federal pensions. It depends on how much of your pension was made before a certain date. So 10 % may be a little on the high side. Car registration is one of the lowest anywhere.
Central Oregon (Bend) is dry and sunny. Tons of outdoor activities which are free to stretch your retirment dollars. 20+ golf courses.
Coastal areas rugged and beautiful. Portland is a great city if you want big city. And Bend and Portland are loaded with microbrew pubs.
Taxes for retired people
IRS
Mon Sep 15, 2008 8:02 AM
Post Reply
Why do all states have no taxes for retires, especially for those disabled and those who are 65 and older.
This should be in all states for any taxes to include annuities, social security, property, inherantance, capital gaines if porperty owned. Only a very very small amount on any gift tax. If it is on property owned by family and a death has occured, there should be no tax of any kind. THIS IS A PENALITY FOR DYING.
For those American Citizens (always paid their dues to the US) after reaching the age 65 there should be no taxes of any kind,.
Federal, State, County, City, etc.
North Carolina State Taxes
FAA
Mon Sep 15, 2008 2:12 PM
Post Reply
During a retirement class I attended before retiring last year I learned that North Carolina had passed a law not to tax federal pensions (if a certain number of years had been accumulated by a certain date), but I noticed North Carolina was not mentioned on your list.
Local Taxes
Department of Justice
Fri Sep 26, 2008 12:49 PM
Post Reply
It would be a mistake to just move to a state, like Washington state with no income tax. We make up for it in other ways, e.g., Seattle with a sales tax of over 9% and rising, expensive bus fees, and King county with a skyrocketting, yes skyrocketing property tax. An income tax, voted down many times, might have made things more equitable.