EPISODE · May 15, 2025 · 11 MIN
Ep. 52 Why Zero Income Tax Doesn’t Mean Zero Financial Surprises
from Not Just Numbers: Honest Conversations with a Financial Advisor (and Lawyer!) · host Michael Garry & Madison DeMora
Send us Fan MailIn this episode of Not Just Numbers, Madison and Mike break down a recent Wall Street Journal article that challenges the popular belief that moving to a no-income-tax state guarantees retirement savings. From skyrocketing insurance costs to hidden fees and property taxes, Mike explains why retirees need to think beyond just income tax rates when relocating. Learn how financial strategies like Roth conversions can help reduce state-level tax burdens, and why every move should come with a full cost-of-living analysis. Don’t pack your bags without tuning in first. Link to WSJ article: https://www.wsj.com/personal-finance/taxes/retirement-low-tax-rate-states-move-cabdb31b
Embed this episode
What this episode covers
Send us Fan Mail In this episode of Not Just Numbers, Madison and Mike break down a recent Wall Street Journal article that challenges the popular belief that moving to a no-income-tax state guarantees retirement savings. From skyrocketing insurance costs to hidden fees and property taxes, Mike explains why retirees need to think beyond just income tax rates when relocating. Learn how financial strategies like Roth conversions can help reduce state-level tax burdens, and why every move should...
NOW PLAYING
Ep. 52 Why Zero Income Tax Doesn’t Mean Zero Financial Surprises
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.