I’ve heard a few people say the same thing and its an interesting idea. Have you looked into that enough to compare all the taxes, like property tax, and does it still come out to be a significant (3% or more) advantage?
From another perspective, why not relocate now? That way a person would have time to make friends and know the area, rather than hitting it at retirement, plus you wouldn’t be paying the state tax now. Only asking because I’ve considered this myself.
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Submitted by PatentGuy on April 24, 2010 – 5:49pm.
There is also the state tax, which is no small deal in California. We plan to move to a zero or low income tax state prior to taking any distributions from our tax deferred IRA/401K/CB Pension/403(b)/457 plans.
