10 Least Tax-Friendly States for Retirees

Plus: Reasons to Wait Until 70 to Start Taking Your Social Security Benefits. [VIEW IN BROWSER]( [Kiplinger Special Report]( GREAT TIPS FOR YOUR RETIREMENT [10 Least Tax-Friendly States for Retirees]( Retirees in these states are likely to have a higher overall state and local tax burden than retirees in other states. Plus: [10 Most Tax-Friendly States for Retirees]( [READ MORE]( [Reasons to Wait Until 70 to Start Taking Your Social Security Benefits]( In a rush to file for Social Security benefits at age 62? Investment adviser Scott Tucker advises that you slow down and do the math first – or you might regret it. He notes that waiting until age 70 (if you can) comes with big built-in benefits. Plus: [Calculating the Break-Even Age for Taking Social Security]( [READ MORE]( SPONSORED CONTENT FROM COMPARECARDS [Unlimited 1.5x Miles for Every Dollar Spent]( [These are Your 3 Financial Advisors in Your Area]( This first-class card offers you one of our favorite travel rewards programs on the market today. Automatically earn unlimited 1.5x Miles on every dollar of every purchase with no annual fee. [READ MORE]( [Build an Inflation Hedge Around Retirement]( Inflation brings two headaches for retirees: stretching a fixed income to meet rapidly rising prices and investing a retirement savings portfolio so that it keeps pace with the higher cost of living. Here are some strategies to avoid the pain. Plus: [14 Commodity ETFs to Ease Inflation Worries]( [READ MORE]( [It’s IRA Season – Ensure Your Assets Are Optimally Invested]( When you’re making your final contributions for 2021, retirement-income expert Ken Nuss says you should think hard about how to invest. He notes that IRA annuities help reduce risk. Different types have distinct pros and cons and can play a valuable role in your asset allocation. Plus: [Getting Around the Stretch IRA Block]( [READ MORE]( [The 10 Least Tax-Friendly States for Military Retirees]( Unfortunately, some states aren't very generous when it comes to helping retired veterans at tax time. Plus: [10 Best Financial Benefits for Military Families]( [READ MORE]( SPONSORED CONTENT FROM CRE INCOME FUND [Income Investors Are Earning a Tax-Advantaged 10% Dividend Yield]( The average annual return of commercial real estate over 20 years is roughly 9.5%, nearly 1% greater than the S&P 500's average annual return of 8.6%. The CRE Income Fund pays an annual 10% dividend yield and is a long-term strategy that returns over $25,000 for every $10,000 invested over the next ten years. [READ MORE]( ALSO ON KIPLINGER [PODCAST: The 2022 Real Estate Market with Daniel Bortz]( [Discussing Family Legacy Plans? 5 Tips to Navigate ‘the Talk’]( [4 Regional Bank Stocks Rooting for More Rate Hikes]( [Why Bonds Belong in Your Portfolio]( [Prosper with the Latest Insights from Practicing Financial Pros in Kiplinger's Building Wealth E-Newsletter -- Free]( [Kiplinger] © Future US LLC. All rights reserved. [Facebook]( [Twitter]( [LinkedIn]( Unsubscribe [click here]( Future US LLC. Registered address: 10th floor, 1100 13th Street, N.W Washington, DC 20005. Further information about how we use your data can be found in our [Privacy Policy](.