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Reply to "Moving Out of Maryland"
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[quote=Anonymous]OP, you're either weird or trolling. Maryland is a high tax state and retirees move out of Maryland all the time. It doesn't mean you need to leave Maryland. Your FA isn't telling you that you must leave Maryland, he or she is pointing out there can be generous tax savings by moving to certain states as states vary in how they tax retirement incomes like social security or capital gains. I've looked into it myself and it can be significant savings depending where you live. As for culture, most people in Maryland aren't "cultural" and there's museums and art anywhere. And not everyone needs to live next door to a museum. Family members who retired to Florida travel a lot and are always seeing museums abroad, and golfing in Florida and are pretty happy. It's not an either / or situation. If Maryland works for you, great. Many of us don't have particular loyalties to Maryland and will move someday. [/quote]
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