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Maximize Your Retirement Income by Picking the Right State

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Manage episode 516361317 series 3561532
Content provided by Archie and Rob Hoxton and Rob Hoxton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Archie and Rob Hoxton and Rob Hoxton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Doesn't it always seem people move when they retire? It's not required, but it can be quite beneficial.

In this episode of the Last Paycheck, CFP Professionals Rob Hoxton and Archie Hoxton explore what role your choice of state plays in shaping your retirement lifestyle. (This episode is about retiring in the USA, if you need an episode about retiring internationally, leave a comment below).

With a focus on taxes, including state income, property, sales, and Social Security taxes, they break down how moving to different states can dramatically affect your retirement finances. The hosts discuss examples like the low property taxes in Alabama versus the high ones in New Jersey, changes to Social Security taxation in states like West Virginia, and highlight states with no income tax or unique benefits for retirees.

They also cover the importance of understanding inheritance and estate taxes, and share practical strategies for maximizing your retirement income by making smart location choices. If you're approaching retirement and thinking about relocating, this episode offers essential guidance to ensure your nest egg goes further.

🎧 Listen now and get your free Year-End Tax Planning Calendar at https://hoxtonpm.com/worksheets/tax-strategy-planning-calendar/

Whether you want to reduce your tax bill, optimize your retirement plan, or simply plan smarter, this episode is packed with actionable advice and free tools to help you save time, money, and stress.

Get their book! - Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/Us6eHI1mDfk

Listen in on conversations with CFP Professionals Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it's excitement, anxiety, or anything in between, this show is for you.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

  continue reading

121 episodes

Artwork
iconShare
 
Manage episode 516361317 series 3561532
Content provided by Archie and Rob Hoxton and Rob Hoxton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Archie and Rob Hoxton and Rob Hoxton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Doesn't it always seem people move when they retire? It's not required, but it can be quite beneficial.

In this episode of the Last Paycheck, CFP Professionals Rob Hoxton and Archie Hoxton explore what role your choice of state plays in shaping your retirement lifestyle. (This episode is about retiring in the USA, if you need an episode about retiring internationally, leave a comment below).

With a focus on taxes, including state income, property, sales, and Social Security taxes, they break down how moving to different states can dramatically affect your retirement finances. The hosts discuss examples like the low property taxes in Alabama versus the high ones in New Jersey, changes to Social Security taxation in states like West Virginia, and highlight states with no income tax or unique benefits for retirees.

They also cover the importance of understanding inheritance and estate taxes, and share practical strategies for maximizing your retirement income by making smart location choices. If you're approaching retirement and thinking about relocating, this episode offers essential guidance to ensure your nest egg goes further.

🎧 Listen now and get your free Year-End Tax Planning Calendar at https://hoxtonpm.com/worksheets/tax-strategy-planning-calendar/

Whether you want to reduce your tax bill, optimize your retirement plan, or simply plan smarter, this episode is packed with actionable advice and free tools to help you save time, money, and stress.

Get their book! - Think Ahead: Ten Reasons Why You Need a Financial Planner by Rob Hoxton and Julia Connell - https://hoxtonpm.com/think-ahead-book/

Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com

Watch on YouTube: https://youtu.be/Us6eHI1mDfk

Listen in on conversations with CFP Professionals Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it's excitement, anxiety, or anything in between, this show is for you.

Visit: http://www.thelastpaycheck.com

Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.

  continue reading

121 episodes

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