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Showing posts with label Retirement. Show all posts
Showing posts with label Retirement. Show all posts

Tuesday, June 16, 2020

Huntsville, Alabama ranks in the #3 in study for its high percentage of seniors with retirement income


Huntsville, Alabama ranks in the top five in study for its high percentage of seniors with retirement income


Article Excerpt: "... Huntsville, Alabama ranks in the top five of our study for its high percentage of seniors with retirement income, at almost 59%, its low percentage of seniors who are housing cost-burdened, at 22.6%, as well as its low housing costs as a percentage of average senior retirement income, at just above 18%. The average senior retirement income in Huntsville is $55,360 ..."


Reference: smartasset.com

Monday, June 17, 2019

Alabama Guide to Taxes on Retirees


Alabama Guide to Taxes on Retirees


Article Excerpt: "...Alabama is Tax-Friendly. The Yellowhammer State is tax-friendly to retirees. Most pensions and Social Security are exempt from state income taxes. Homeowners 65 and older don’t pay state property taxes, and can qualify for breaks on county and local property taxes as well. A catch: Sales taxes are high, and even apply to food..."


Reference: www.kiplinger.com

Huntsville Ranks in 27 Cheapest Places Where You'll Really Want to Retire


Huntsville Ranks in 27 Cheapest Places Where You'll Really Want to Retire


Article Excerpt: "... As one of the 10 Cheapest States Where You'll Want to Retire, the Heart of Dixie boasts many great spots for affordable living. And Huntsville, in northern Alabama, is one of the best. It offers all the low-cost, low-tax advantages as the rest of the state, but adds more generous incomes among retirement-age residents. The average household income for 65+ households in Alabama is $44,934..."


Reference: yahoo.com

Monday, July 9, 2018

Great Places to Retire Near the Mountains


Great Places to Retire Near the Mountains


Article Excerpt: "... As one of the 10 Cheapest States Where You'll Want to Retire, the Heart of Dixie boasts many great spots for affordable living. And Huntsville, in northern Alabama, is one of the best. It offers all the low-cost, low-tax advantages as the rest of the state, but adds more generous incomes among retirement-age residents. The average household income for 65+ households in Alabama is $44,934. Home to NASA's Marshall Space Flight Center, the Redstone Arsenal and the Huntsville campus of the University of Alabama, the city offers a robust economy and a highly educated population ..."


Reference: finance.yahoo.com