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Thursday, November 12th, 2009

Retiring in Alaska – The Advantages

July 22, 2009 by Stephen Kersey  
Filed under Finance

Retiring in Alaska has become more common in recent years. The largest of all the states in the United States has a lot to offer for those people headed into retirement.

Low Taxes
If you want low taxes within the U.S., you won’t find a better option than Alaska. Not only does Alaska not have a income tax, there’s also no sales tax in Alaska.

Annual Rebate
With billions in oil revenue, the local government in Alaska has decided to give some of that money to the people. Each year, Alaska residents receive an annual rebate from oil earnings.

Home Value
Alaska is one of the richest states per capita. It boasts a medium income of nearly $65,000. As a result, home values in Alaska have remained relatively steady in these rough economic times.

Peace and Quiet
In all of Alaska, there are less than 700,000 permanent residents. As far as population density is concerned, Alaska far and away offers the most peace and quiet.

Retire in Alaska (Image: Flickr)

Retire in Alaska (Image: Flickr)

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