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Reply to "Retiring on $60k/year"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe [b]move to an area that doesn't tax pensions and/or SS[/b]. Also, find a cheaper place to rent in the meantime. Any friends that you could rent a room from for a few years?[/quote] How does one learn of the areas that do not tax pensions?[/quote] Delaware does not and property taxes are dirt cheap. Try Milton DE not far from beach. A 200K fixer upper house can be had with $800 month property taxes. I would work an extra year and buy a place. Credit Unions have 5/5 and 7/3 ARMs at lower rates. A little interest rate risk but not much. Maybe get a roomate and pay off that mortgage before year 5 or 7. https://www.redfin.com/DE/Milton/117-Creek-Dr-19968/home/135287340[/quote]
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