Investing in a property in a more affordable city to generate rental income, while renting a home in a pricier urban area like New York City or major Californian cities, is a strategy known as “rentvesting.” This approach allows individuals to build wealth through real estate investments without compromising their […]
Tag: retire in place
Overview of Georgia’s Tax Information for Seniors Aged 65 and Older
Georgia has restructured its tax system for 2024, introducing changes that affect income, property, and sales taxes, with provisions for retirees and residents aged 65 and older. Below is a detailed overview: Income Tax Flat Tax Rate: As of January 1, 2024, Georgia has adopted a flat income tax rate […]
Retiring at 62 with A Solid Financial Plan
Retiring at 62 can be an attractive option for many, but it’s crucial to be aware of several key points that could significantly impact financial stability and overall well-being. Here are some crucial considerations: 1. Reduced Social Security Benefits Early Retirement Reduction: Retiring at 62 means you will receive reduced […]



