Retirement Relocation Reality
Talking Real Money - Investing Talk
Don McDonald
4.5 • 811 Ratings
🗓️ 14 May 2026
⏱️ 37 minutes
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Summary
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| 0:00.0 | Your guides to a really great financial future. |
| 0:09.0 | Tom and Don are talking real money. |
| 0:11.9 | I've mentioned before that I'm old. |
| 0:15.1 | I don't mention as often that Tom's old, but we're both old. |
| 0:18.5 | And some of you are old. |
| 0:20.6 | And one of the things that people do |
| 0:22.8 | when they get to be around retirement age, as we've done in our home. Tom doesn't do it in his home, |
| 0:30.0 | but we've done it, is we talk about where we should live in retirement because, well, I mean, |
| 0:36.4 | in my case, we get this big old house and two people and a |
| 0:40.7 | dog in it. So where are we going to go? Where are we going to go? What's the best place to live |
| 0:46.1 | in retirement? Should you move to a new state? Welcome to Talking Real Money. I'm Don. That's Tom. |
| 0:53.5 | And today's topic of conversation is not how you're going to pay for it, but where are you going to spend it? The money and your life. There's two spending things going on here. Spending your money and spending your life. Where are you going to go? What's the best place? I don't know. We fought about this for years. |
| 1:11.6 | Fought and discussed and considered. What are you got? You're staying in Duval, right? Yeah, I'm not going anywhere. You know that. I mean, I got the whole family within about 30 minutes. My brother's moving here from the Midwest. He'll be within 30 minutes. So there's no way. Are you handing out free money or something? |
| 1:28.4 | Apparently so that I don't know about. |
| 1:30.3 | But this does come up. It just came up with a recent conversation with a couple that lives in Oregon and thinks their taxes are way too high and they want to move to Arizona. Well, I guess, because, you know, there is Arizona in the winter months, which is pretty nice. That's part one. But part two is they said, well, we're going to save a ton of money. I said, well, you might want to look at all that and make sure you're actually going to save a lot of money. Because here's what happens. Oftentimes people look and say, well, okay, Arizona has a very small state income tax. |
| 2:03.0 | I think Florida has none, right? Zero. |
| 2:04.9 | Florida has zero, yes. |
| 2:06.8 | Yeah. |
| 2:07.2 | Yeah. |
| 2:07.5 | So people often think, well, that's just a great deal. |
| 2:09.5 | I'm going to save a ton of money if I move there. |
| 2:12.1 | Maybe. |
... |
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