When you can’t even send your kids or grandkids to public schools, you ask yourself, “What am I paying for?” When your local police force is gutted, you ask yourself, “What am I paying for?” When your politicians treat you like a piggy bank you ask yourself “What am I paying for?” This simple question is being asked at kitchen tables all over this country every single day. But it’s different this time, as big blue cities and states, usually the recipients of workers, are suffering from a once in a lifetime exodus to RED STATES. As retirees tell loved ones “Don’t worry we’ll be back to … [Read more...]
TEXAS BOUND: Elon Musk Found a Better America
At the recent Tesla shareholder meeting, Elon Musk announced that he plans to move the company's headquarters to Austin, Texas from its current location in Palo Alto, California. Musk cited the cost of living and lack of scalability as reasons for ditching the Golden State. CNBC reports: Tesla is moving its headquarters from Palo Alto, California, to Austin, Texas, CEO Elon Musk announced at the company’s shareholder meeting on Thursday. The meeting took place at Tesla’s vehicle assembly plant under construction outside of Austin on a property that borders the Colorado River, near the … [Read more...]
OUT OF OFFICE: Big Accounting Firm Tells 40,000 Employees to Stay Home
More companies are recognizing the benefits of having employees remain at home. Accounting firm Pricewaterhouse Coopers has told 40,000 of its staff that they can continue to work remotely, forever if they choose. Moves like this by big companies will undoubtedly be a boon for "Zoom towns" across America. Daily Mail reports: Working from home is about to become permanent option for 40,000 client services employees at accounting and consulting firm PwC. The company will become one of the biggest employers in America to embrace permanent remote work. PwC employees who choose to work … [Read more...]
Your Retirement Life: Snowbirds Can’t Wait to Get Back to Florida, Texas
After spending a winter in their northern homes, retirees who normally head south for the winter, known as Snow Birds, can't wait to get back into the sunshine. Clare Ansberry reports for The Wall Street Journal: A growing number of people, many now vaccinated, expect to head south for the winter despite the Delta variant spread. About 90% of the estimated 1 million snowbirds who travel annually from Canada, say they will head for warmer areas compared with 30% last year, assuming the land border reopens to nonessential travel later this month. Land border restrictions remain in place through … [Read more...]
Work Hard in NY and CA? Prepare to PAY Under Democrats’ New Tax Plan
Are you one of your state's most productive citizens? Do you already pay hundreds of thousands, or even millions in taxes to state and federal governments each year? Your hard work is appreciated by House Democrats, who are happy to relieve you of even more of your money. Democrats have released a tax plan aimed at paying for their planned $3.5 trillion spending bonanza, and it takes direct aim at high-income Americans. Here's a brief of the plan from Robert Frank of CNBC: The proposals include a 3% surtax on taxpayers earning more than $5 million a year. They would also raise the top … [Read more...]
Four Letter Word I’m Celebrating this Labor Day
Your Survival Guy wants to share a personal story with you. It’s from a client who’s finally calling it quits. Dr. Lee Payne and I have been working together for close to 20-years but when you consider his affiliation with Richard C. Young’s Intelligence Report, we’re talking more like 40-years, and many more to come. Dr. Payne remembers reading Dick’s investment letters, believing in Dick’s philosophy and putting it to work. Dick’s letter was a monthly reminder that helped Lee beat inertia. Lee invested in himself (my favorite investment) and his business, and what was left over he invested … [Read more...]
GET OUT: The Escape from California is Accelerating
Last year, Americans in blue states and cities across the country fled the violence and disease in their cities, buying homes in places like Florida, Texas, New Hampshire, and Wyoming. The truth is, many of them had been looking for the chance to get out for years, but until remote work gave them the opportunity, they were stuck paying high taxes and suffering the high costs of living. With COVID and looting subsiding it was possible the trend would reverse, but in fact in 2021 in California, it's accelerating. A new study from Stanford reports that more businesses have already left … [Read more...]
You Can Now Get PAID to Escape the City
You want to get out of the city. That's for sure. Pandemic restrictions and riots are no way to live. You need to be free and safe. Most of all for your family. But did you know there are places willing to PAY you to live there? With the advancement in remote work capabilities generated in response to the pandemic, Americans are getting out of cities while they can. And some are moving to towns that are paying them to come. Paul Davidson reports in USA Today on the phenomenon of towns paying residents to move in: The pandemic has shaken up the formula by severing the ties between where a … [Read more...]
The Top 15 Destinations for Americans Escaping the City in 2020
In 2020, Americans fled from big blue blob cities to escape the COVID-19 pandemic, the strict mandates of governors and mayors gone wild, and the rioting and looting that took the cities by storm in the summer. Now CoreLogic has determined which cities gained the most refugees, and which lost the most residents. The top 15 destination metro areas were: Riverside-San Bernardino-Ontario, CA Lakeland-Winter Haven, FL Myrtle Beach-Conway-North Myrtle Beach, SC-NC Las Vegas-Henderson-Paradise, NV Tampa-St. Petersburg-Clearwater, FL Port St. Lucie, FL Jacksonville, FL San … [Read more...]
Your Retirement Life: To Where Will You Flee?
Your retirement life is sacred ground. You know my favorite advice, to your dismay, is to work as long as you can and put off retirement. That doesn’t mean you need to give up your dreams. You just need to be creative. Can you do remote work? Wherever you choose to go, familiarize yourself with my Super States, rent for a year to make sure it’s a good fit, and downsize. Don’t worry the kids will visit. Bankrate.com just came out with its annual ranking of the best places to retire, and you won't be surprised by the top three. According to Bankrate.com, the best three states for retirement … [Read more...]
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