Here are some things to think about before deciding to retire in another state

LTC Eugene Chu
..."Thinking about retiring to another state? You’re not alone. A United Van Lines study found the percentage of people retiring to a new state had increased to 18.3% in 2021, up from 13.4% in 2015.

Making the move is not a straightforward decision, however, as there are myriad financial and non-financial considerations involved. Financial advisors can help you cover all the bases.

“There are times [when] the financial implications are so significant that it would behoove someone to do the analysis all around before packing up,” said certified financial planner Marianela Collado, CEO of Tobias Financial Advisors in Plantation, Florida. And while many are seeking lower property taxes, “you don’t really want the ‘tax tail to wag the dog,’” she added."...