Weigh Taxes When Picking a State to Retire

When it comes to choosing the best state in which to retire, some people look beyond traditional needs like nice weather and recreational opportunities. In some cases, the deciding factors are taxes and staying close to family and friends. For some clients, that means retiring to a neighboring state. Christopher Jones, who built his advisory firm, Sparrow Wealth Management, said he has helped about 70% of his clients retire.

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