It's True: These 13 States Don't Tax Retirement Income

Where you live throughout your life can often come down to circumstance. You might move somewhere for a specific job or to pursue a career. Other times, people may move simply because they want a change -- for example, desiring to experience a big city after a lifetime in a small town (or vice versa). Some will choose to stay put because it allows them to be close to family and friends. Others will move to be closer to children who have relocated.However, where you choose to live in retirement specifically can have a significant impact on your finances in your golden years, and taxes are a big reason why. With that in mind, it's essential to be aware of how the policies of the state you live in could financially impact your retirement.There are 13 U.S. states that don't tax retirement income. Here's what you should consider when deciding whether to retire in these states.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool