Forum Discussion
Gnarley
Aug 13, 2020Explorer
SteveAE wrote:
Don't forget to factor in the cost of health insurance.
You may want to look at this program. I find it quite helpful for evaluating exactly the type of questions you are asking.
As to the cost to live in Oregon. There are several websites that rank Oregon as I mentioned (4th or 5th most expensive in the country). A number of factors go into those calculations including; taxes, housing (ugh, property tax), utilities, food, transportation, and medical. Scoop around on the web and you will find what I am referring to if you are interested. Also, keep in mind that Oregon has an estate (death) tax on anything over $1M ........ where California doesn't. Now how good is Oregon looking?
Best wishes in your search and let us all know what you find.
Oregon still doesn't look bad! What can you tell me about the MaxiFi software, is it free to individual users? We needn't worry about the $1M mark, that ain't happening!
The info below counters many of the "best places to retire" lists out there. Here's the good news: you can ignore all of them.
Discrepancies are the rule rather than the exception, partially because the rankings emphasize different criteria. Some lists emphasize college towns, whose populations tend to skew young, while others put a premium on communities with a lot of senior residents. Many publications advise looking at local tax rates, but they clash when it comes to deciding whether income, property or sales tax is most important.
https://business.time.com/2013/05/13/please-dont-use-a-best-places-to-retire-list-to-decide-where-to-retire/
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