Report: Millions of People Ages 65+ Are Shunning Retirement in America’s Most Expensive ZIP Codes

In this presentation, attorney and CPA Chad D. Cummings reveals a troubling trend confirmed by Realtor.com’s April 8, 2026 report: the share of Americans aged 65 and older who are still working has surged, especially in high-cost states. In the Northeast, 21% of seniors remain in the workforce—with New Hampshire reaching nearly 24%—largely because skyrocketing home prices, property taxes, and living expenses have made traditional retirement unaffordable. By contrast, in Florida only 17.2% of seniors are still working. Chad explains how the absence of state income tax, estate tax, and inheritance tax in Florida creates a dramatically better retirement environment, and why business owners with pass-through entities stand to save tens or hundreds of thousands of dollars by relocating. Most importantly, he shows why redomestication is the cleanest and most effective way to move your existing LLC, corporation, or partnership to Florida (or another low-tax state) without dissolving the company, without forming a new entity, without losing your FEIN, and without triggering federal taxes. If you're a business owner approaching retirement age and concerned about high taxes and living costs, this presentation offers both the data and the practical solution. Learn about redomestication: https://www.cummings.law/redomestication/