College-town states like Ohio (93) and Tennessee (92) beat Florida's (103) cost-of-living index, cutting a retired couple's required savings by over $205,000.
Pennsylvania exempts 401(k) and IRA withdrawals from its 3.07% flat income tax for qualifying retirees, while Ohio taxes non-Social Security income above $26,050.
Ohio residents 60 and older can audit Ohio State courses tuition-free and access a major academic medical center, though game days and student rents add real trade-offs.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Most people who talk about where to retire end up on the coast. Florida ranked first in net adjusted gross income gained through state-to-state moves in IRS migration data for 2022-2023, at $20.6 billion. The less talked-about option is a town built around a university.
#college #Social #security
Pennsylvania exempts 401(k) and IRA withdrawals from its 3.07% flat income tax for qualifying retirees, while Ohio taxes non-Social Security income above $26,050.
Ohio residents 60 and older can audit Ohio State courses tuition-free and access a major academic medical center, though game days and student rents add real trade-offs.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Most people who talk about where to retire end up on the coast. Florida ranked first in net adjusted gross income gained through state-to-state moves in IRS migration data for 2022-2023, at $20.6 billion. The less talked-about option is a town built around a university.
#college #Social #security
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