
Question: We’re New Yorkers retiring with $3.8 million and considering a move to South Carolina for better weather and lower taxes. We can sell our $1.3 million home and buy a similar one for $600K. My wife worries about missing our family, rebuilding a social life and making friends. I think we will be fine. Am I being unrealistic?
Answer: New York can be a great place to raise a family and launch a successful career. But it can also be an expensive place for retirees.