|
|
Dover, Delaware: A Tax Friendly Retirement City By Charlotte Demontigny The only saying is true, "There are two things you can rely on in life; death and taxes." More often than not, when looking for an ideal place to retire, one of the considerations for most retirees is taxes; specifically property taxes.
While there are many cities across the US who boast "no-income tax" retirement; the fact is property and sales taxes can absorb most of your retirement income.
Dover, Delaware is not only among the top ten places to retire to, but has the lowest property tax of any city in the US. In fact, there are no sales taxes at all in this state, and social security benefits are free of state tax. Moreover, up to $12,500 of a retirees income is tax free. Add to this the fact that a home valued at $133, 000 requires a payment of just a little over $540. 00, which makes Delaware one of the top locations in the US offering tax friendly city. With homes ranging in the area of $111,000; this city of 32,000 residents offers a community considered to be high on the senior friendly city list as well.
Conveniently located halfway between Washington and New York, Dover is within a few hours of one third of our nation's population, Dover offers an ideal location along with a quality of life second to none. Living in Dover,
Article continued below...
|
you will
experience a vibrant downtown, a very attractive
historical district and well established
neighborhoods.
With its natural beauty as well as attend arts
and entertainment activities, such as the
Schwartz Center for the Arts and Dover Downs, who
bring in national acts on a regular basis, you
will feel an instant connection to the community.
Listed as one of the ten best small cities based
on cost of living and overall quality of life,
Dover has been touted as having the best quality
of life among US cities - bar none. Not only is
Dover an "ideal place to retire," but is a clean
and safe community in which to live.
__________
Charlotte Demontigny is webmaster of ideal places
to retire.
http://www.ideal-places-to-retire.com
Article Directory: http://www.articlecube.com
Charlotte Demontigny
Web Master
IdealPlaces to Retire - Inexpensive to Exotic
www.ideal-places-to-retire.com
Here are some more retirement articles...
Prepare Your Plan For Retirement By Wade Robins There is much more to retirement than just relaxing in an armchair or taking morning walks. A prerequisite for a comfortable retired life is detailed planning, whether your retirement is ten years Read more...
|
Annuities: A Retirement Planning Tool To Consider By David Chazin In conjunction with Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Mr. Chazin is a regular contributor to PlannerConnect Read more...
|
Using Charitable Trusts In Your Retirement Planning By David Chazin In conjunction with Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Mr. Chazin is a regular contributor to PlannerConnect Read more...
|
Safe Harbor Plans-a Retirement Triple Play By Lawrence Every year, the IRS comes out with the new annual retirement plan limits. Some of these limits provide in part; the maximum individual contribution to Solo 401k, 401(k), 403(b) or 457 plans; the Read more...
|