Retiring in Las Vegas—All Things Considered
When planning for your retirement destinations, you should consider at least the following factors: Affordability Economic Health Crime Rates Populations of residents age 65+ Tax situation for retirees In this article, we will discuss the pros and cons of retiring at Las Vegas or in Nevada state in general. Why Las Vegas? In [1], it describes top 5 reasons for people to visit Las Vegas: The Hotels The Shows The Casinos The Dining Scene The Nightlife If you retired in Los Vegas, you would also enjoy the same perks. So, should you consider retiring at Las Vegas? Before jump directly to the City itself, let's consider Nevada State in general. Taxes of Nevada State Based on an article at Kiplinger (updated: 09/2015), Nevada State has the following tax rates: State income tax None The Silver State is one of nine in the U.S. that impose no income tax. Nevada is NOT on the list of states that tax social security retir...