Comment by onlyrealcuzzo
4 years ago
If you make $500k, you pay ~$50k in state income taxes in CA.
That's ~$4200 per month, which does not seem trivial compared to $0 in TX, FL, NV, WA, etc.
That could very well make up a decent portion of your entire spending bill in those states - allowing you to save / invest maybe another 10-20%. This (combined with the lower cost state) could help you retire a decade earlier.
Compared to <$2k per month in GA / Atlanta, it seems like something one might consider.
> That's ~$4200 per month, which does not seem trivial compared to $0 in TX, FL, NV, WA, etc.
But you'll have a much harder time finding that 500K job in TX, FL, NV, WA.
Not if you can take your current job remote to TX, FL, NV, or WA...
If you can, without a pay cut, do it. You'll live like a king with $500K in FL.