Retirement in Connecticut is often seen as an expensive choice for many. With high tax burdens, including taxable pension income, coupled with expensive property taxes and general cost of living expenses, many people choose to move out, come retirement time. Florida is the stereotypical destination, but North Carolina and other states are certainly up-and-comers as well.
Some articles lately have challenged this “conventional” wisdom, however. Reminding people of the metro-NYC location and/or New England location, the services available, the style of living, and more, these articles point out that living in Connecticut after retirement may be worth it, after all.
Published yesterday, April 2nd, 2014, this MarketWatch article by the Wall Street Journal is a good, if quick, read: http://www.marketwatch.com/story/retire-here-not-there-connecticut-2014-04-02?pagenumber=1
Adding some statistics and a lot of information about active retirement communities, TopRetirements.com provides more: http://www.topretirements.com/state/connecticut.html
Finally, Connecticut Magazine gives a breakdown of good towns to retire in: http://www.connecticutmag.com/Connecticut-Magazine/May-2008/20-Great-Places-to-Retire/
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