Retirees Be Warned: The Cost Of Moving To A Low-Tax State Might Surprise You
There are plenty of smart ways to cut corners during retirement, but relocating to a supposedly cheaper area may not be the brilliant move you'd expect.
Read MoreJennifer Woods
Money Digest Editorial Policies
The unique content on Money Digest is a result of skilled collaboration between writers and editors with a broad array of expertise in everything from monetary history to banking to personal finance. Our goal is to provide accurate and diverse content bolstered by expert input.
Focused on accuracy and ethical coverage, the Money Digest editorial team consistently fact-checks and reviews site content to provide readers with an informative, entertaining, and engaging experience. Click here for more information on our editorial process.
Stories By Jennifer Woods
-
-
Seniors Are More Likely To Downsize Their Home When They Reach This Age
You might expect someone who owns their house to stay in it forever, but it's fairly common for people of a certain age to transition to smaller dwellings
Read More -
The Net Worth That Makes You Wealthier Than The Average Millennial
The net worth that makes you wealthier than the average millennial is a testament to how well the cohort is doing financially, even compared to older peers.
Read More -
Big Savings Ahead: Medicare Cuts Costs On 15 Drugs
Paying for prescriptions is a burden for many, but there's good news. Under the Medicare Drug Price Negotiation Program, 15 drugs' prices will be cut soon.
Read More -
Striking Gold: 2 States Lead The Nation In 'Marrying For Money'
Marrying for money is as old as marriage itself, and it's alive and well, especially in these two U.S. states. Here's where gold diggers are on the prowl.
Read More -
The US State That Spends The Most On Food Delivery Might Surprise You
Residents of this state seem to love food delivery apps a little more than others, with more than double the national average in annual food delivery spending.
Read More -
The US State With One Of The Highest Property Taxes Isn't What You'd Think
While home prices and mortgage interest rates end up carrying much of the blame for homeownership costs, property taxes can be equally brutal.
Read More -
When Your Credit Score Reaches This Number, You Can Qualify For A Jumbo Refinance Loan
Compared to a typical refinance, borrowers need higher credit scores to qualify for a jumbo refinance loan to compensate lenders for higher risk.
Read More -
Two Of America's Most Expensive Vacation Destinations Are In This Unexpected State
While some vacation destinations come with the expectation of added expense, this state's most expensive travel spots have surprisingly high travel costs.
Read More -
The Metro Areas With The Smallest Inflation Surges So Far In 2025
While inflation continues to creep up across the country, some geographic areas are being financially affected less significantly than others.
Read More -
The Surprising Price You'd Pay For Gas, Groceries, And A New House In 1975
As easy as it might be to assume that inflation is the reason why prices seem so much higher today than 50 years ago, the reality is more complicated.
Read More -
How Much Money The Average Baby Boomer Has In Retirement Savings
Despite the fact that the baby boomer generation has amassed an impressive amount of wealth and assets, their retirement savings are less impressive.
Read More -
Millennials Consider You 'Upper-Class' If Your Salary Is Above This Number
"Upper class" means different things to different age groups, and most millennials view this six-figure salary as the benchmark for this status.
Read More -
The Hidden Costs Of Inheriting A House That's Paid Off
While inheriting a paid off house might sound like a dream to some, the reality can come with a laundry list of extra expenses that might not be in your budget.
Read More -
The Average Income Of A Professional Cuddler Isn't What You Think
Believe it or not, professional cuddler is a very real job in today's market, and the professionals who work in the field get paid more than you may realize.
Read More -
Painting Your Roof This Color Could Save You A Ton On Energy Bills
As more and more consumers are hit with ever-increasing electricity bills, one simple solution could make a significant impact both on temperatures and budgets.
Read More -
One Of The Best Places To Keep Your Money Right Now Won't Tax Your Savings
As economic uncertainty continues to impact consumer savings goals, you might find yourself wondering where the best place to keep your money is.
Read More -
Becoming 'Upper Class' Is A Reach If You Don't Own Equity By This Age
Living a lavish life takes more than a nice salary and a big house. There's another key asset you'll need to obtain to live your golden years in style.
Read More -
The Average Upper-Class Retiree Could Spend $8,000 Or More A Month At This Age
While many American's might worry about running out of money during retirement, upper-class retirees often have extensive budgets and monthly expenses.
Read More -
When Your 401k Reaches This Number, Fees Could Start Adding Up Big Time
Many 401(k) account holders don't understand the fee terms for their accounts, or even know they are being charged fees at all, even though they add up fast.
Read More -
The Percentage Of People That Return To Work After Retiring Will Give You Pause
Despite the long-held convention that retirement is the best way to spend your golden years, there is a growing trend of "unretiring" among seniors.
Read More -
Mortgage Rate Predictions For The Next 5 Years, According To An Economist
As the Fed promises more rate cuts in the near future, would-be homeowners, and those looking to refinance, might be hopeful that mortgage rates will drop.
Read More -
Retirement Before 62: Here's How Much Money You Really Need In Savings
Everyone dreams of enjoying an early retirement — but how many of us can? Truth is, you're going to need some serious savings to make that dream a reality.
Read More
