[Hugh R]

Does Georgia have income tax on retirement funds? If so consider another state. Income taxes will be one of your biggest drains on your funds. I'm considering retiring in Idaho, Nevada, Oregon or Washington (I'm in CA now).

In ten years I used the same scenario for all five states $90K retirement funds (income taxes), $400K paid for house (property taxes), 430K in taxable purchases (sales taxes) , and a 2 and a 5 year old car (vehicle taxes/registration). The hypothetical results for taxes in those five states were as follows:

CA $24,000
OR $21,000
ID $17,000
NV $ 8,000
WA $ 5,000

Sure there are local taxes, special assessments, cost of utilities, gas tax, etc. But that is a good start. I'll guarantee that with about $90K in retirement funds, the difference between CA and WA of over $19,000 gives me pause to think, that's about 20% of my retirement income in the difference in taxes.