Managing Editor’s Note: Before you dive into today’s Two-Minute Retirement Solution, we want to address a mistake that appeared in yesterday’s edition of Wealthy Retirement. We said that “Residents of seven states pay zero income tax to the federal government.” Now, wouldn’t that be great?
Unfortunately, we all know Uncle Sam takes his share no matter what state you live in. We meant to say that residents of the aforementioned states pay zero in state income tax… and clearly, we botched it. The article’s been amended, and we appreciate all the sharp readers who caught the error.
Editor’s Note: How would you like to cut your living costs, simplify your lifestyle, and pocket more cash for vacations, entertainment and investing? If that sounds appealing, you should consider the latest trend in low-cost living: the tiny home. It’s pretty unbelievable, but 30% of tiny-home residents are retirees, and 68% of owners live mortgage-free! Steve McDonald breaks down the trend in today’s Two-Minute Retirement Solution.