jmtandem wrote:
I'm not really looking for a specific place to live. I'm just looking for a strategy to keep more of my retirement income. For the next decade, where I live will be where I park my RV. Would like my home base to be where taxes,registration and tag, and medical cost would be the lowest. My house now is is the home my wife and I built, where we raised our kids, and where we worked the land to make it our own utopia. It's not perfect but I doubt I could find anywhere else within my budget that I'd rather live once I'm done traveling.
If I am understanding you correctly you need to be very careful and consult a CPA as in most cases where you vote, where you register your vehicles, have your driver's licenses and keep a home base is considered your home state. You might want to check the excellent information on the Escapees webpages as to how to do what you want to do. Many full timers use South Dakota, Florida, or Texas as their domiciles for tax purposes. They typically have to register to vote, get their driver's licenses, and register their vehicles in that state and often spend at least some time each year in the state. It is good you are doing your homework now before you cast off the dock lines and check out all your domicile options as health insurance is also a major consideration and understanding how that will work for you depending on the state you choose for your domicile is important. Technomadia has a lot of good info on health insurance for full timers.
Thank you, a lot of good information. I will check out technomedia about health insurance. Thanks for the tip!