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Lenox and Stockbridge, MA have Tanglewood (summer home of the Boston Symphony) and Jacob's Pillow Dance Festival, along with the David & Francine Clark Art Museum and dozens of other cultural amenities, easy to get to NY. Lots of well to do retirees there. Check it out on realtor.com
Sounds like a very nice place to live. I will check it out. Thanks!
It's nice to be near family, for sure. My sister-in-law has lived in Staten Island for maybe 40 years and loves it. But it really is the "forgotten borough". Long Island has horrendous taxes. It is all I hear from my friends there, their two biggest complaints are taxes and traffic. Always the same refrain!
When I lived in Brooklyn, no one ever thought of going to Staten Island other than to take the romantic journey on the Staten Island ferry (where I met my wife). What is SI like nowadays? Thanks.
But consider this: the State of New York exempts both Social Security and pensions from taxation.
NYS exempts some pensions, but people need to read the fine print. NYS does not exempt an IRA if it was acquired as part of a divorce settlement, and does not exempt annuity income if the annuity was purchased with private funds. NYS has some good retiree tax benefits, but they don't apply to everyone. There are restrictions.
Income from most private pensions (IRAs) or annuity plans is taxable in Massachusetts. It's only the government (state and local, military, etc) pensions that are exempt.
Income from most private pensions (IRAs) or annuity plans is taxable in Massachusetts. It's only the government (state and local, military, etc) pensions that are exempt.
When I lived in Brooklyn, no one ever thought of going to Staten Island other than to take the romantic journey on the Staten Island ferry (where I met my wife). What is SI like nowadays? Thanks.
Like all the boroughs, there is some good and some bad. The area around St. George, where the ferry docks, is sketchy and I wouldn't want to live there. My sister-in-law lives off Victory Blvd, and that is quite a nice little area of single family homes. There is also a really nice park (La Tourette) that is over 500 acres, numerous museums, inland lighthouses and great old architecture. As in all the boroughs, there is a feeling of community in each little section, and tons of great restaurants.
As I recall, NYS does tax pensions (private) but gives you a $20k exemption off that income. Not sure if this even applies to OP.
I was going to suggest Saratoga Springs too. The thing is there is no city that is going to compare to NYC because it is unique (in both good and bad ways) so if you have NYC in your blood, then nothing is really going to compare. But I would listen to your family, if they are discouraging you, then I would take that seriously because they live there and know what it's like today.
Greenport is the very last stop on the LIRR. It's one loooong ride into the city, however.
Yes, I noticed this. Thanks for pointing it out.
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