Mailbag question:

“My husband and I are assembling our retirement plan and planning to relocate once I quit working.  We’re trying to decide between Tennessee, Florida and Texas, since they’re all states with lower tax and retirement Lifestyle costs.  Which do you think is best?  The lists are all different.”

Intro:

Financial media love to create lists of the “best” and “lowest cost” states to retire in.  This week we answer a question about the differences between Tennessee, Texas, and Florida as retirement destinations, and what you should consider when relocating in retirement.

Resources

The best states to retire in 2024 – Ranked

moneywise.com/retirement/best-states-to-retire-in

The Most Affordable U.S. States to Retire in 2024

fool.com/retirement/relocation/cheapest-states-to-retire/

A Strong Year for 401(k) Balances Masks the Truth About Long-Term Performance

crr.bc.edu/a-strong-year-for-401k-balances-masks-the-truth-about-long-term-performance/

Most Recent Episodes

September 4, 2024

Ep #249 – We Just Retired. Should We Downsize?

Downsizing from your large, long-held family home is a popular concept for retirees, but may not always be the best choice.  Even though smaller homes are less costly & easier to maintain,...

Listen · 26:17

August 28, 2024

Ep #248 – I’d Like to Give More to Charity. How Can I Reduce My Taxes by Doing So?

Mailbag Question: “I’d like to give more Money to a couple different charities this year, but my tax person said it wouldn’t help my taxes.  Is there a way I can make a gift that reduces my...

Listen · 27:39

August 21, 2024

Ep #247 – Should I File for Social Security Before It Runs Out?

Mailbag Question: “Everything I hear about Social Security is bad, and it sounds like the program will run out of money in a few years.  Is there a good reason I shouldn’t file for benefits now...

Listen · 33:02

Load More Episodes

Grant Bledsoe Financial Planner to Business Owners

I'm a financial planner to business owners, and the founder of Three Oaks Wealth. Our firm helps business owners align their business interests with their personal finances, often including the exit or sale of equity holdings.

I hold several professional credentials, including the CERTIFIED FINANCIAL PLANNER™, Chartered Financial Analyst, and Certified Exit Planning Advisor designations.