Coastal Florida's insurance surge, flood repricing under Risk Rating 2.0, and post-Surfside condo ***** sments now erase the state's income-tax advantage for retirees.
Tennessee's cost of living index of 92 beats Florida's 103, and the state taxes zero retirement income including Social Security, pensions, and dividends.
A retired Knoxville couple targeting $75,000 a year needs a portfolio of $800,000 to $1.1 million to sustain their plan.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Ask a room full of near-retirees where they see themselves in five years, and half of them will name a Gulf Coast zip code. Naples, Sarasota, Fort Myers, Punta Gorda. The real question is whether the fixed costs attached to a coastal Florida address leave the rest of the retirement plan intact a decade later. This piece runs the same retirement budget through a specific alternative, defends the pick using the same cost categories, and shows what actually changes when you shift the location.
#coastal #Portfolio #same
Tennessee's cost of living index of 92 beats Florida's 103, and the state taxes zero retirement income including Social Security, pensions, and dividends.
A retired Knoxville couple targeting $75,000 a year needs a portfolio of $800,000 to $1.1 million to sustain their plan.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Ask a room full of near-retirees where they see themselves in five years, and half of them will name a Gulf Coast zip code. Naples, Sarasota, Fort Myers, Punta Gorda. The real question is whether the fixed costs attached to a coastal Florida address leave the rest of the retirement plan intact a decade later. This piece runs the same retirement budget through a specific alternative, defends the pick using the same cost categories, and shows what actually changes when you shift the location.
#coastal #Portfolio #same
2 months ago
