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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We own our home outright. It's worth a bit more than $700,000. Our county and town taxes are $9,800 a year, so if we had $35K to work with, 30% of it is gone to real estate taxes. You can sell your home, and buy a $150,000 home in West Va, still own it outright, and pay $1,500 a year in real estate taxes. And have more $ to retire on. No one is MAKING you live in your $700,000 home. It's YOUR CHOICE to live in a high cost of living area. [/quote] Is that really a great retirement? To live in this area with so much free stuff to do and little time to do it, between work and raising kids, and then move to W. VA, where there's much less to do, especially if one is not the outdoorsy type?[/quote] There are other less expensive places. West Virginia is not the only one. You could even downsize here in the DC area. I'm definitely planning to look around for a cheaper area when I retire. [/quote]
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