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Kiplinger
Kiplinger
Business
Brandon Summers

Bye-Bye, Snowbirds: Wealthy Americans Are Relocating Permanently for Retirement — and This Financial Adviser Can't Fault Their Logic

(Image credit: Getty Images)

The traditional snowbird retirement of splitting time between two homes is giving way to strategic, permanent relocation, as wealthy Americans discover they can lead a better life in a cheaper home state.

Wealth creators who plan a decade or more before retirement can lock in tax advantages, avoid audit complications and build a lifestyle that previous generations could enjoy only seasonally.

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