Taxes | Interested in Retiring in New York?
Interested in Retiring in New York?
in Retiring in New York?
Did you know
that the state of New York has a special property-tax break, designed to benefit
the seniors? Does the thought of paying property tax after retirement worry you?
In the state of New York, you are provided with a property-tax relief in the
form of homestead exemptions or deferral of property taxes. Senior couples with
an income of 60,000 dollars will qualify for this exemption.
If you chose
the state of New York as your retirement location, you will never run out of
things to do. You can spend your leisure time visiting the Metropolitan Museum
of Art, Fort Tyron Park, Cold Spring, Lake Erie, Skaneateles Lake, Cayuga Lake,
and the nearby mountains. You can soak up the sun at the beaches of Fire Island,
Long Island, Greenport and Hamptons or have a go at golf in any of the New York
golf courses. You cannot forget Broadway for an evening of culture. Are you a
sports lover? Then how can you resist the New York Yankees or the Mets? Your
life after retirement will be packed with activities in the state of New York.
Some of the
best places to retire in New York include Hudson Heights, New York City, Finger
Lakes region, Aurora, Ithaca, Tudor City, Woodstock, Greenport, and Saratoga.
So, for all the baby boomers planning for an active lifestyle, the retirement
homes in New York will be the best choice.