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Moving to Florida or Texas wipes out state income tax, but a federal formula most retirees never see coming quietly cancels out a large share of those savings before the first year is even over.
Draining a six-figure retirement account faster than most advisors would recommend sounds reckless, but one retiree's math suggests the deliberate drawdown could be the most lucrative move of their financial life.
Grant Joiner speaks at Stillpoint. —Courtesy Grant Joiner Social Security breakeven graphic. —Courtesy Grant Joiner On Sept. 22, I spent part of the day at the high school speaking with students in Junior Seminar, a program offered by ACE MV that helps juniors explore career paths and prepare for life after…