Town of Whitehall, Delaware – Located in the Most Tax-Friendly State for Retirees!
According to Kiplinger Magazine, if you’re thinking of moving to a different state in retirement, you’ll want to consider climate, proximity to family and friends, access to quality health care, and a host of other important factors before picking a new location. But make sure you add taxes in the new state to the list of considerations. The total state and local tax burden in one place can be thousands of dollars more per year than in another. That can make a huge difference when you’re trying to stretch out your retirement savings.
When you can combine and upgrade in lifestyle, recreation, culture, a new home, AND lower taxes, it is a win-win. Whitehall does just that. Delaware is the haven that many have been looking for. From our recreational assets to nearby environmental centers, to entertainment, culture, and homes, Whitehall is becoming a new home to many. National experts have actually ranked our DE community #1 in the nation!
With no sales tax, low property taxes, and no death taxes, it’s easy to see why Delaware is a tax haven for retirees. For beginners, you’ll have more disposable income in your golden years if you live in the First State because you’ll pay zero state or local sales tax on your in-state purchases (Delaware is one of only a handful of states with no sales tax).
You’ll also have more money to spend on the grandkids because property taxes are so low. Full article linked HERE.
Credits: Rocky Mengle, David Muhlbaum