State tax issues can be of great concern to retirees. We look at several, including whether a state imposes its income tax on Social Security income (most don’t) and whether a state provides additional tax breaks for other pension income (that’s more variable). Eight of the 25 places on our 2019 list are in states without a state income tax. They are Clearwater, Delray Beach, Jacksonville, Fla.; Palm Bay, Fla.; San Antonio, Tex.; San Marcos, Tex.; Sarasota and Wenatchee. But it should be noted that states without income taxes often make up for that with higher sales and real estate taxes, both of which can hit seniors hard.
Before the evolution of work-at-home, call center employees had to drive to a brick-and-mortar site each day to sit at a desk and provide service to customers. Today, companies like Alpine Access, Convergys, and Asurion hire employees to answer customer service calls for their clients, who range from cable television service providers to healthcare companies. Employees are paid a starting rate of around $9 per hour, depending on the company. Although this hourly pay is below the Bureau of Labor Statistics’ reported median rate of $14.70 per hour for a customer service representative, work-from-home call center agents do not face commuting, clothing, meals, and other costs associated with working at a brick-and-mortar center. Some of these call centers also offer opportunities for advancement. Supervisory, managerial, training, and human resources positions are also available as telecommuting positions.
Ted had a great job for 30 years as an accountant. However, the stress of working 50-hour weeks has caught up to him. He has decided to take a relaxing job and drive a shuttle for a hospital at $15 an hour. He enjoys driving around and conversing with all the hospital staff and really enjoys his job. Ted plans to only work 20 hours a week to stay below the earnings threshold for reducedSocial Security payments. You can read more about that here.
Because staying active in retirement is so important to both happiness and health, we’ve made it a part of our search for the best retirement places. We canvassed data at walkscore.com, which measures walkability--how easy it is in a given place to shop and get around on foot. On our list, best scores went to Pittsburgh, Sarasota and Winchester. Walkscore and other sources also measure bikeability—doing the same things using a bicycle, often with the help of dedicated bike lanes. Best ratings went to Iowa City, Boise and Sarasota.
Our new roster, our ninth annual such list, contains 25 places in 17 states across all four continental time zones. These communities vary dramatically by size, climate and culture. Yes, the majority are in warmer climates---in line with actual retirement migration trends. (Five of our picks are in Florida, and two each in Arizona, Georgia, North Carolina and Texas.) But we also identify attractive possibilities in colder locales, such as Minnesota, North Dakota and Pennsylvania.
She discovered a lot of fulfillment in the work she’s doing now. She enjoys helping students gain confidence in their knowledge and believe in themselves. Her students have gone on to incredible success in sports and academics. However, Jen’s biggest accomplishment is all of those who she has helped secure a free education or a spot at their dream college because of their ACT test scores.
Preferred shares offer investors a higher yield than common stock will normally carry. Further, preferred shares generally carry less volatility and less risk. Preferred share owners usually do not have voting rights. However, preferred stock does have a higher priority on assets and earnings relative to common stock. Keep in mind that the preferred share dividend cannot be cut unless the common stock dividend is cut to zero. If that were to happen, for the common stock to start paying a dividend again the preferred shareholders are paid all unpaid dividends if the preferred shares are “cumulative.”
I can’t say that we’ve gotten rich off of it, but it helps pay the bills. It’s daily traffic rivals and surpasses that of established news media outlets in our market, and we’ve brought on board some award-winning journalists in recent years. It’s also gotten us other opportunities over the years, such as press passes to concerts and sporting events, chances to test out new products or listen to unreleased CDs, and so on.
If you use the internet, you probably use a search engine regularly. Well what if all those searches you conducted could earn you money? With SwagBucks.com, you can earn money for your searches. It pays you to do what you’d already be doing on Google, Yahoo, Bing or whatever your favorite search engine is. You again won’t get rich by doing this, but you can build up enough points to score gift cards to Amazon.com and other places.
There are any number of reasons why a place drops off or is added to our best list. Some of the biggest factors are economic. These include median home prices, cost of living compared with the national average, and state tax issues, including whether a state imposes income taxes on Social Security, whether it offers special breaks for other retirement incomes and whether it imposes an estate or inheritance tax. Cost of living alone tends to exclude most of the Northeast and the West Coast, although we look favorably on Pittsburgh, Pa. (a perennial favorite, despite its higher than average crime) and Wenatchee, Wash. (If you want to stay in your home state, and don’t see any options on our list, take a look at our selection of The Best Places To Retire In Each State, which offers a best and a runner-up for each of the 50, Alaska and Hawaii included.)
Parents are often seeking out instructors to help their children develop musical talent. Sure, some parents may be just trying to make their kids appear well rounded on college applications, but there are also plenty of students looking for a rewarding skill to last them into adulthood. If you have some musical skills, considering taking on pupils for music lessons. Since you're teaching a specialized skill, you can earn a decent hourly rate. The more specialized the instrument, the better (you can probably charge a fair bit more teaching the French horn than the piano). Consider doing home visits; you may be able to charge an even higher premium.