is vermont a good place for retirement?
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There's no better place to retire than in the serene state of Vermont. With its peaceful rural atmosphere and tight-knit small towns, Vermont offers retirees a welcoming place to spend their years of rest and relaxation.
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Overview of Virginia Retirement Tax Friendliness Social Security retirement benefits are not taxed in Virginia. Other types of retirement income, such as pension income and retirement account withdrawals, are deductible up to $12,000 for seniors. Property and sales tax rates are low.
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Wyoming. Wyoming is the best state to retire in, according to a list from Bankrate. The group ranked all 50 states based on weather, cost of living, crime, quality of health care, state and local taxes, and general well-being. ... At 6.9% it's only about half of New York's effective tax rate.
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Among the states in that region, New Hampshire doesn't have an income tax, and Maine, Massachusetts, New Jersey, New York, and Pennsylvania don't impose their state taxes on Social Security benefits. ... Of them, Vermont matches the federal law on taxation, using the same rules as the IRS to determine what gets taxed.
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It is a very nice town if you like quiet living or are looking for a place to retire. Very good place to retire and build a life as well as raise a family. Many job opportunities available things such as: warehousing and even healthcare. Toccoa is my home town and I love it.
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Consider Utah. The Beehive State is a great choice for active retirees who love the outdoors. ... After analyzing all 50 states for retirement based on the financial factors most critical to retirees, from health care costs to taxes, Utah ranked 10th on our list of retirement havens. Here's why.
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West Virginia is tax-friendly toward retirees. Social Security income is partially taxed. Withdrawals from retirement accounts are partially taxed. Wages are taxed at normal rates, and your marginal state tax rate is 5.90%.
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TN is a great place to live if you have a good job or come here with great retirement benefits because there's no income tax and property taxes are generally lower than in “blue states” which is probably why I find a lot of Northeastern boomers moving in. ... TN cities are growing and thriving economically.
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Not only is Naples one of the most desirable places to live and vacation, it is also a highly desirable retirement destination. There are a number of reasons why Naples, Florida is the best place to retire. Full of luxury homes and gated communities, Naples is also right on the Gulf coast.
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Wisconsin has a low unemployment rate and a top-notch university system—both compelling pluses for people thinking of settling there. But for retirees, residents say, it's the warmth and neighborliness of the communities that makes The Badger State an especially easy place to relocate to.
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["It's been great working with you. ... ", 'May all the years ahead bring you great joy and relaxation.', "Here's to a well-deserved and happy retirement! ... ", 'All the best with your retirement. ... ', 'Best wishes for an awesome retirement. ... ', 'Enjoy your new found freedom and make the most of it.']
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Most people would agree that a 'good retirement income' is one that offers them security, that allows them to participate in the activities they want to do and provides them with a comfortable enough standard of living to be happy. ... Royal London put their 'comfortable' retirement income at £17,500 a year.
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North Carolina is moderately tax-friendly for retirees. It does not tax Social Security retirement benefits. The state also has low property taxes and sales taxes near the national average. Seniors with significant income from sources other than Social Security will have a larger tax bill in North Carolina.
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The Cornhusker State is the best state to retire, according to a new Bankrate study, followed by Iowa, Missouri, South Dakota and Florida. Maryland, on the other hand, comes in the last place in our ranking. New York and Alaska also might be better for retirees to visit than reside, according to the study.
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If you're getting a pension, you may prefer to live in one of the locales where pension income isn't taxed. These include Alaska , Florida , Illinois , Mississippi , Nevada , New Hampshire , Pennsylvania , South Dakota , Tennessee , Texas , Washington, and Wyoming .
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Retiring in Idaho is a great option for those seeking an active retirement. Because many of the cities given below lie along the Snake River or rest near a National Park, they offer plenty of opportunities for outdoor activities. There's still lots to do in Idaho even if the active lifestyle isn't for you.
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Nevada is very tax-friendly toward retirees. Social Security income is not taxed. Withdrawals from retirement accounts are not taxed. Wages are taxed at normal rates, and your marginal state tax rate is 5.90%.