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Answer this question, get featured on Pursue The Passion
What's a unique strategy for maximizing retirement income?
Deadline: Apr 10th, 2024 06:59 AM
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Planners: Best States for Retirees To Stretch Their Savings in 2026? Retirement and Financial Planners: I'm writing about which states offer retirees the strongest combination of affordability, tax treatment and livability in 2026, especially as inflation, healthcare costs and taxes continue to shape retirement decisions. We’re seeking planner insight on how retirees can realistically stretch savings further without sacrificing quality of life. You MUST be a financial or retirement planner/advisor, and be US based. 1. Please name the top 3-5 states you feel are best for retirees to stretch their savings, and then evaluate them via the following criteria (i.e., give me at least a few of these factors to back you up or other factors per your discretion). -State tax policy impact on Social Security, pensions and retirement account withdrawals -ability to live a good quality of life/affordable amenities -healthcare costs and access -housing costs and property taxes -climate and weather-related risk factors as they relate to cost of living 2. How should retirees balance pure cost savings with proximity to family, amenities and medical care? 3. What mistakes do retirees most often make when choosing a state to stretch their savings?
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