Does Illinois Have An Exit Tax?

Although we did not find any statewide exit tax on residential property sales, we did find three localities that have differential transfer taxes on property based on whether the seller buys another property in the same town. All three towns are in Illinois. Schaumburg are subject to only a $10 […]

What States Are Baby Boomers Moving To?

Since 2000, the oldest baby boomers—those closest to retirement age—have moved into several fast-growing states, including Arizona, Florida, Idaho, and Nevada (see Figure 1). Boomers are also moving into North and South Carolina, Delaware, Georgia, Montana, Oregon, South Dakota, and Utah. Where do most Baby Boomers retire? On average, 2 […]

How Do I Decide Where To Live?

Things to Consider When Choosing a Place to Live Affordability. Wealth is relative. Taxes. It’s impossible to escape taxes entirely, but moving to the right place can trim your overall tax burden. Employment Opportunities. Real Estate Value. Crime Rates & Statistics. Proximity to Family & Friends. Climate. Education System. How […]

Where Can I Retire On 2000 A Month?

The Best Cities To Retire on $2,000 a Month Lincoln, Nebraska. Monthly expenditures: $1,878.24. Des Moines, Iowa. Monthly expenditures: $1,820.63. Greensboro, North Carolina. Monthly expenditures: $1,779.02. Oklahoma City. Monthly expenditures: $1,725.63. Corpus Christi, Texas. Indianapolis. Columbus, Ohio. Cincinnati. What is the cheapest and safest country to retire? The Cheapest Countries […]

Why People Are Moving To Iowa?

When it comes to the primary reasons for moving, more people moved to Iowa because of retirement, health, and family, and more people left Iowa because of work and “lifestyle.” The study also found that, yes, the coronavirus pandemic did play a big part in some people’s decision to move. […]