You read yesterday that Gov. Jim Justice of West Virginia is trying to turn his state into a destination for liberty retirees and anyone looking for a better place in America. Not to mention his desire to make West Virginia a better place for people already there. But working against him are Democrats in Congress, including Sen. Joe Manchin (D-WV). Democrats have lined up billions of dollars to be given to every state in America, but have attached rules to the money that will intercede in states' local affairs by preventing them from cutting taxes for their citizens. That's especially … [Read more...]
Is This State the Next Destination for America’s Liberty Retirees?
You want to build yourself an 'island' in retirement. You want to separate you, and your money, from those who would take it from you. Settling down in one of America's growth corridors is a good first step toward finding the right place in America. But if you want to get a head start on your retirement, and move while you're still working, you probably want to find a state with low, or no income taxes. There are seven states with no personal income taxes, including: Alaska Florida Nevada South Dakota Texas Washington Wyoming New Hampshire doesn't have personal … [Read more...]
A Liberty Retirement in Alabama
Once you finally make the decision to retire, and you shut off the flow of new income into your portfolio, your expenses quickly become the center of your attention. Your cost of living means a lot in retirement. One place where you can get more for your money is in Alabama. Birmingham and Montgomery are two of the least expensive cities in America to buy a midsize home. Being careful with your money in retirement is important, but maintaining a FIRE mentality during your working years, and saving more ahead of retirement is the best way to unlock the power of compound interest. But a … [Read more...]
Is There One Best Place in America for ‘Liberty Retirees?’
You might be looking for the best place in America to retire. You may enjoy owning firearms, paying low taxes, and being left alone. That's the definition of what I'm calling a "liberty retiree." Recently a liberty retiree, known as U, asked MarketWatch's Catey Hill where would be the best place for them to retire. Hill answered (abridged): To answer your question, I went right to the source: the Libertarian Party itself, where I had a lively chat with Dan Fishman, the party’s executive director, who had a lot of advice for you. He said that, while the Libertarian Party doesn’t maintain a … [Read more...]