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Reply to "If you're moving out of the DMV area because of the HCOL"
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[quote=Anonymous][quote=Anonymous]So many people moving to Florida![/quote] Florida is not so much cost of living but no state income tax. My brother is one of the few people o know who max his 401k contribution his whole career. He is retiring this year. 1983 to 2021. Max every year all equities. It is multi millions. He also has like five million in stocks and stuff. He is not touching 401k till forced to buy withdrawal rate will be massive. All subject to NY tax but now will Florida tax [/quote]
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