An article in the Wall Street Journal in 2002 described a training session at "Annuity University," which bil...Read more
Web Site Compares Cost of Living in Different Areas
- May 22nd, 2002
How much you need to live on after retirement depends in large part on where you live. You may be able to lower retirement living expenses by moving to a less costly area. For example, nine states have no income taxes and five states impose no general sales tax (although property taxes may be higher in these states).
A good place to gauge expenses in different areas is the Web site BestPlaces (www.bestplaces.net), which allows you to compare cost-of-living and quality-of-life data for 3,000 U.S. towns and cities. The site carries no advertising and requires no subscription fees.
By comparing different cities head to head, you will see how dramatic the differences can be. For example, according to BestPlaces someone making $100,000 a year in Boston, Massachusetts, will need only $67,483 to maintain the same standard of living in Jacksonville, Florida. The median price of a home in San Francisco is $453,880, compared to $106,380 in Appleton, Wisconsin.
Local Elder Law Attorneys in Ashburn, VA
The Estate Planning & Elder Law Firm PC
Bill founded The Estate Planning & Elder Law Firm, P.C. in 1994. Bill limits his practice to the areas of estate planning and administration, incapacity planning, Medicaid, asset protection planning, and elder law. He is one of (15) fifteen attorneys practicing in Virginia, Maryland and the District of Columbia, ce...
Ron M. Landsman, P.A.
Ron M. Landsman has been practicing elder law since 1983, before it was known as elder law, originally with Landsman and Laster, Washington, D.C., then Landsman, Eakes and Laster, also in Arlington, VA, and since 1990 in his own practice in Montgomery County, Maryland. He has been among the most active members of the...