When you imagine your Golden Pond – the retirement venue of your dreams – what does it look like? Have you really done your research and thought it through? On this episode of The Retirement = Freedom Podcast we learn from Host Josh Bretl, founder of FSR Wealth Strategies, some of the factors that are important to consider when choosing where to lay down post-retirement roots. The old stereotype of “snow birds” spending part of their year in places like Arizona or Florida is less and less common today, with more retirees opting instead for a year-round change. Why leave your home state permanently? Weather is still a popular reason, but politics, cost of living, state taxes and even safety have become equally powerful influences. It’s never too soon to start exploring the many variables that make some places more attractive than others from a financial planning point of view. Sales, income, property and estate taxes all vary, which is why it’s important to do your homework!

This episode features not only a fantastic interactive state-by-state map to get you started, but also the latest on some devastatingly delicious crepes and The Dave’s deeply moving haiku tribute to Alaska. Plus Breaking News! Josh has finally placed his order! Cometeer Coffee will be showing up at his doorstep any day, so stay tuned for an unbiased review on an upcoming episode!

Click here to learn more about or listen to previous episodes of The Retirement = Freedom Podcast. And don’t forget to join our new private Facebook group, which you can find here.

Click here to explore the services that FSR Wealth Strategies offers and schedule a discovery call with one of the team’s CPAs. When it comes to living your best life, it’s never too early to get started!

And if you want to be warm all the time, great.

If you want to be by your kids, great.

If you just want to be away from people, great.

And if you want to play basketball with your high

school buddies, because you've never left the '90s and you

can't believe high school's 25 years in the past, then

that's what you should do.

When you imagine your Golden Pond, the

retirement venue of your dreams, what does that look like?

When you're considering leaving your home state,

or even home country, permanently, what are the

factors you're thinking about?

I mean sure, weather, cost of living, and even

safety have become equally powerful influences.

But what about state by state tax laws?

You know the usual suspects - sales tax, income tax,

property taxes, estate taxes, they all vary quite a bit.

In this episode, Josh introduces a fantastic

interactive state by state map to help you get started.

And stay tuned for the latest news on some devastatingly

delicious crepes, and my deeply moving haiku tribute to Alaska.

This is the Retirement Equals Freedom Podcast.

Your host, Josh Bretl, is the owner and founder

of FSR Wealth Strategies in Elmhurst, Illinois.

For the last 18 years or so, he's been helping

people just like you, thrive in their retirement.

And me, I'm Dave.

Josh's longtime friend, co-host of the podcast,

and financial project.

I'm here to make sure things don't get too

boring and technical.

I keep things lighthearted.

So now let me let you let me, end this introduction

so you can enjoy the show.

FSR Wealth Management is a registered investment advisor

located in Elmhurst, Illinois.

Information and opinions contained in this audio

have been arrived at by FSR Wealth advisors.

All information herein is for informational purposes

and should not be construed as investment advice.

It does not constitute an offer, a solicitation or recommendation

to purchase any security.

FSR is not providing legal, tax, accounting, or financial

planning advice in this audio.

These views are as of the date of this publication

and are subject to change.

Hi, Dave!

Hey, Josh, man happy belated

Fourth of July, man.

Yeah.

It is the week after the fourth as we record this, we're

recording episode 13, at some point Dave, you told me we

have to stop saying the episode number but I can't, I'm not

going to, and if we have to fit one in the middle, we'll call

it 13 and a half or something.

Oh, I did say that, just in case we have

a super hot topic we have to talk about and we could just

kind of switch things up.

Yeah.

We'll just call it bonus episode.

Mm-hmm.

This is not a bonus episode.

No, this-

this is pre-planned.

this is one of the most hardcore episodes

we're ever going to record.

You know, driving here this morning I was listening to

episode 12, which just dropped on, well today, July 7th.

And I found myself rewinding the end of music,

three times because it's new and it's awesome.

You were very into the end music.

You texted me and listened to the end music-

yes.

and it's good.

Yeah.

You love music more than I love music.

I do.

But this new one is more like a reggae kind of vibe to it,

but still the happy upbeat.

Now listeners I'll warn you and I could go back and edit

it, I'm not going to though.

At the end, I kind of turn the volume up after we're

done talking and it's really loud, just be careful.

You've also got some new sound effects,

I've noticed in there.

I don't know if I like the sound effects.

Really?

Yeah.

Do you like the concept of kind of breaking up

all the talking with something?

Yeah.

Because you talk a lot, Josh.

I do, you're right.

I mean, if I don't add something we're

going to be, snooze fest.

Okay.

I can look for new jingles, short jingles.

Oh, I mean, keep going, you're the

producer of this bad boy.

It's almost too Western.

People often think of me as a modern cowboy,

but this may be just too modern cowboy of a jingle.

No, nobody thinks of me like a cowboy.

I'm really trying to think of how I can take

modern cowboys somewhere.

Yeah.

Mm-hmm.

Well.

Well.

Keep you on your toes.

Dave, I have two things to tell you.

Okay.

I actually have a lot to tell you, but two things

that our podcast listeners might actually care about.

One, I actually ordered Cometeer coffee.

Boom, boom, boom.

It's not here yet.

It's coming...

FedEx is delivering it tomorrow, according to my

shipment notifications.

Wait a minute, did you use my referral link?

I did.

So you got the discount and everything?

Mm-hmm.

Wow.

So I will be able to, either agree or

disagree with you after your tons and tons of comment

to your Cometeer comments.

I'm speechless.

I can't...

Listeners, you have no idea what you're in store for.

Drinking Cometeer is going to elevate this podcast to levels

you never thought was possible.

Okay.

I can't wait!

On a totally separate, but still us

consuming stuff notice, I thought of a new bit, for

our show and it's important.

It's kind of a behind the scenes look at what Dave and

I talk about when we're not talking into microphones,

and that is where Dave and Josh can eat lunch today.

Yeah.

Because-

food.

whenever you show up at my office, my

wife knows, "Oh man, they're going to eat something."

yep.

It's true.

So I had a big pasta dinner last night.

Okay.

And I do not want pasta.

Okay.

Fair enough.

But, I do want something.

You do want something, it's so specific.

I was thinking possibly, Nu Crepes.

Ooh, yo.

What's the crepe of the month?

They haven't announced the

crepe of the month yet.

Okay.

But we haven't had Nu Crepes in a long

time, and Niall's, I think he probably misses us.

Well, yeah.

We're OG customer to Niall.

I mean, Niall has...

You see movies where the prisoners are scratching off

the number of days in their cell of, when they're...

How long they've been in jail, that's what Niall does.

"How many days have I not seen Josh and Dave?"

And I think he struggles, not seeing us, so Josh?

Yeah.

Nu Crepes today.

Nu Crepes today.

So Nu Crepes, for those of you that really want

to get into this, is in downtown Elmhurst, and it is a crepe

restaurant, that is phenomenal.

They have breakfast crepes, that have eggs and meats and

all sorts of fun stuff in it.

They have great lunch crepes and they have crepe of the

month, every month they have a new specialty crepe.

And we have a favorite crepe of the month, it comes out

in November, every November, they do what they call

Jive Turkey, it's like a Thanksgiving dinner in a crepe.

Oh man.

Oh, we eat...

I think two years ago was our record of six

Jive Turkeys in a month.

We had six Jive Turkeys, I think

2020 we had five, which was great considering

things were shut down.

We are loyal supporters of the Jive Turkey.

Mm-hmm.

What was our good friend Matt's order?

He always ordered the most simplistic.

Oh, he got the Cinnamon Sugar.

Cinnamon Sugar, that's right.

Yeah.

Yeah.

My dad always gets The King, the peanut butter

banana, named after Elvis.

Elvis, of course.

All right, cool.

But that's our lunch today.

It's our lunch.

And everyone cares, I'm sure you all care about it.

Niall will see you soon.

Wait, who's picking it up?

Me?

Michael.

Oh yeah.

Yeah Michael.

Yeah Michael, go.

Dave Schmidt:

Michael, pick it up.

Michael, pick it up.

We'll let Michael do it.

There's no jingle as we're recording this live, but

let's see what Dave comes up with in postproduction.

But today is an episode that we're actually rerecording

because we recorded it earlier and we hated it, we got to

the end and we looked at each other, we went, "Well that

was unnatural and forced."

yeah, and we talked about it earlier.

It was a third episode we tried recording that day, and

I think we were just exhausted, this takes a lot out of us.

Mm-hmm.

It is.

It's not easy talking to a microphone too,

with you're good friends while drinking coffee, it's hard.

We also had a special guest in the room, one of the

advisors here at the office, Erin and I think she left

thinking, "Wow, that was the worst thing I've ever heard."

why would anybody listen to these two jamokes?

So we are going to right the ship here folks.

And today's episode is something totally

different, it's a total change of topic from we've talked

about in the past, and this is a physical, where to retire?

So Dave, when I sit down with someone for the first

time, one of the questions I always try and ask is...

And because most people live here close to us in

the Chicagoland area, and I'll ask, "Do you plan on

staying in your house?"

And the reason I ask that question is, because I want

to know if there's a house sale or a house purchase that

I have to be concerned about, but then I always ask, do you

plan on staying in the area?

Okay.

Do you plan on leaving Chicago?

I've been asking that question for 15 years.

The last, really the last five years especially, I have

been getting a lot more people saying, "I want to leave."

sure.

And we've, forever...

I grew up having grandparents who had a winter house in

Florida, and for Chicago is not a place that people like

to spend winters, it's quite frankly miserable here in the

winter, for everyone but you, I know you love the cold.

I love it.

But people have always done stuff like that,

but now I feel it is happening more and more and more.

And one of the things we talk about is there's

actually pros and cons, from a financial standpoint

of where you retire at.

Absolutely.

Do you ask them why they're leaving?

Yeah, I do.

I'm sure it runs the gamut.

It runs the gamut, weather was

always the biggest one.

They were tired of being cold, then it got into politics.

Financially, Illinois has always been ranked 49th or

50th in the country, from a financial standpoint.

Right.

And people are tired of it.

Sure.

People think their taxes are high, and

we'll talk about taxes here in a second on that.

But recently in the last few years we've actually had safety.

People have...

We're living outside Chicago, I don't feel unsafe, but

with everything going on, people have said I don't

want that big city, I don't want that Chicago feels, so.

You should survey, all your clients

that leave out of state like, "Why'd you leave our state?"

We could post in the Facebook group.

We actually, we have to keep track of all

the states our clients live in from an SEC's standpoint,

and it is interesting to see where they go.

Florida's a big state, California, actually Nevada has

had a big uptick in people, so.

And don't you have somebody who wants

to live in Paris, right?

Or...

Yeah, we have clients that want to move

not to Paris to Italy.

Okay.

And it's really kind of it's, there's pros

and cons to everything.

Absolutely.

So most people don't make a decision for tax

purposes, but if I do think there's some financial reasons

of why you want to live in a state and we're going to

talk about taxes for that.

Oh man.

Hashtag tax nerd.

[Singing].

Al, if you're listening to this buddy, this episode's for you.

We just spent the Fourth of July weekend

in Michigan with my family.

And Alex were listening to the podcast and Hashtag tax

nerd came out all throughout the weekend, so it was really,

it's become a big point for us to try to make fun of

each other with that, but.

Did you ever watch scrubs?

A few episodes.

Okay.

So J.D and Turk, they're like brothers from another mother,

and whenever something good would happen to them, like

a little bell would go off in the sky, and so I think I

heard that bell several times over the weekend, and that

was whenever your boys would repeat the Hashtag tax nerd.

Hashtag tax nerd.

Dave & Busters for half off Wednesdays and I

heard the bell go off, I'm like, "Oh, someone just said it."

Actually, there was a point in the last podcast

where I made fun of Alex for something, I think it was

probably a Hashtag tax nerd thing, and he's sitting in

the backseat of the car and we heard it and he goes, "Dad!"

I was, I thought he would be mad at me, but he didn't,

he would just, he was happy we talked about him.

One more good, this is short.

Yesterday we were watching, it was really cute, it was

my dad's last day in visiting town and Landon goes, "Let's

watch a Scooby-Doo for papa."

Because my dad loves...

Well everyone loves Scooby do.

And we were watching it and midway through, I've always

known this, but Landon finally realized how much

Josh's laugh sounds like Scooby's laugh, because

Scooby's like, "Woohoo hoo!"

And then Josh is laughing at podcast just like it.

So now, every time we watch Scoob Landon's like, "Mr.

Josh!"

But why people move?

What do we look at in a state?

And there's three things from a financial standpoint, actually

there's more than three.

One is, one big one's, is cost of living, how much

it costs to live somewhere.

Outside of Chicago where we live now, we have a relatively high

cost of living comparatively to the rest of the country.

Yeah.

You could, in essence you could move,

even in other parts of the state, you could move

farther out from Chicago.

You could move more rural.

You could move to different parts of the country and have

a lower cost of living, so you have the same income and

it costs less to live there.

But from a tax perspective, there's a few different

taxes we look at.

The first is sales taxes, how much it costs to buy something.

The second is property taxes.

The third is income taxes.

Now these are all the three big things, there's a fourth

that some people need to look at, and that's estate

taxes and that's if you die.

Most people aren't as worried about estate taxes, they always

say, "That's my kid's problems."

But that's still something you want to worry about.

Every state has one of these three things and some are

worse than others, and when people say they want to leave

Illinois, they're usually saying they want to leave

Illinois for the property taxes and the sales taxes.

We have really high property taxes and we were the highest

sales taxes in the country.

The same size house in Florida or Indiana or Texas or wherever

it might be, instead of paying 10, $12,000 a year in sales

taxes, you might pay two, $3,000 a year in sales taxes and that's

money in your pocket, and that's something that's very real.

Was I say, in sales taxes there?

You meant property taxes.

I meant property taxes.

You meant property taxes.

We experienced that firsthand when my whole

family moved to Colorado.

You visited Julie and Bill, their house is-

it's gorgeous.

Yeah.

I don't know, maybe 3,500 square feet and it was

annual taxes were like $3,000 and I'm like, "What?"

they have a beautiful house.

If that house was here in Elmhurst where we

live, they'd have-

24,000.

a 20, 24,000 annual tax bill.

Easy.

So, no it's crazy.

But sales taxes that does matter depending on how much you buy.

There's certain people that spend a lot of money and buy

a lot of stuff and sales taxes are going to have a big impact.

If you don't spend a lot of money, sales taxes aren't

going to be as big of a deal, that's not something

people normally look at.

But income taxes is something people look at, and one of

the few benefits to living in Illinois as a retiree

is we have great income tax structures for retirees.

Right.

They don't pay taxes on their social security, they

don't pay taxes on their IRA or 401[k] distributions, they

don't pay taxes on any pension distributions, so that's a

nice thing to live in Illinois.

In fact, I believe the number is three, we're one of three states

that has an income tax that doesn't tax retirement income.

Okay.

So there's other states that don't have an income

tax like Florida and Texas, but we're one of the three that

don't tax retirement income.

You know the facts here, haven't most governors

tried to enact retirement tax?

Yeah.

So the state being broke, they're looking for any extra

sources of revenue and the state is really, it's we're

an odd state and the fact that you get a deduction on your

state of Illinois tax bill for putting money into your

401ks and IRAs, and you also don't pay taxes on the way out.

So one of the tax planning moves we actually tell people

is, "Hey, don't put money into your Roth, put it into your IRA

and just move it to your Roth.

You'll actually save the 5% Illinois tax."

But pretty much every governor for the past 30 years has

brought up, "Hey, we need to tax retirement income."

But when you already have a state of people

fleeing out of it-

right.

it's a very unpopular thing to

say to people and so.

Okay.

But no, I do see it coming at some point down

the road, but those income taxes are huge, and let's say

you were to move to a state, people will often say, "I will

move to Indiana or Wisconsin."

Those are neighboring states of ours, and they do it because

they look at the cost of living, the cost of living's less and

the property taxes are less.

All of a sudden they may have an additional tax on

their income, five to 7% that they didn't have before.

Right.

And so, you may save $8,000 in property taxes,

but you just cost yourself another 5,000 in income taxes.

Right.

So you have to really weigh those things

out and each state has its pros and cons there.

Isn't there some website that kind of tracks

all the different taxes-

Dave, I don't know when you lead me

down a road somewhere.

I just led you.

Oh gosh, it's like leading a horse to pasture.

Again, this goes back to last week or last episode, I started

analogy and I couldn't finish it and you said like, "Don't

you hate when that happens?"

I do.

I hate when that happens.

See, I love it.

I think it just brings out the creativity in us, Joshua.

I made a mistake earlier, and what

I always hate is when you say like, "Here's the three

things you need to know."

And as you start listing them off, you can only come up

with two, and you're like, "Oh no, what's the three things?"

So someone told me a long time ago, never say a number,

just say, "Here's some things that you have to know."

And if you come up with two or four, no one knows

the difference of how many you're planning.

And I actually said earlier about, I use the number three

and then there's actually four, but right, whatever.

So, but same thing is sort of that analogy of just a little.

Just roll with it, man.

Just roll, just go.

Just go, Rollin' with the homies.

[Singing].

What movie was that?

That was...

Clueless?

Ding, ding, ding.

Whoo!

Yep.

That was back when I used to watch movies.

Good job.

But we watched Friday Night Lights after my first date

with Carla at my house.

Yeah.

"I don't want your life."

All right, come on, carry on.

You're making me go through songs and quotes.

There is a website it's done by Kiplinger, we will

link to it in the show notes here, that if you just actually

Google, Kiplinger and where to retire map, every year they

update this, it's really cool, it's a map of the 50 United

States and they color code each state for tax friendliness.

Yeah.

Now I don't necessarily agree

with the color coding.

Mm-hmm.

So for example, they have Illinois as red,

which people would say red's bad, people would say,

"Yeah, Illinois is a bad state normally financially."

But the things we talked about, if you have a high

retirement income, you don't spend a lot of money and you

live in a decent sized house or you have low property taxes

for whatever reason, it's a great state to be in for those

matters, so I wouldn't call Illinois necessarily red, but

you have to click on is you have to know the differences.

So if you don't have a lot of retirement income,

there's people that have a lot of cash or they

have a lot of investments.

Illinois's not a great state, that's tax in Illinois, maybe

you're better off in Florida or Texas or one of the states

that does not tax at all.

If you're going to sell a big asset, for whatever reason, if

you're going to recognize large capital gains, you'd rather

recognize those gains in a state that doesn't tax capital gains.

Yeah, totally.

So-

Does the Kiplinger map take into

account quality of pizza?

Ooh, no, it does not, but that's a

good thing to look at.

Do they take requests?

Like how to improve our map?

Maybe?

Yeah.

Quality of pizza, again sidebar.

We have more sidebars in this episode we've ever had.

Yeah sidebars.

So we up in Michigan, over the weekend

and we're just, it's 90 miles from here you'd think they'd

have good Chicago pizza.

Yeah.

For years, my family's had a house up there

since I was five years old.

The pizza is utterly terrible, you've had the

pizza up there with me.

It's horrible.

Why is that?

The last two years we've had good

pizza all of a sudden.

Well, what's that one town that's got the cool

bar and then the place across the street where we throw

bags outside, it was like...

Sawyer.

Is that Sawyer?

It was Sawyer.

That's got train tracks right there

that goes through it.

Okay.

I feel that town was kind of up and coming if you will.

Yes.

So do they have good pizza there now?

No, but some of the surrounding towns do.

Oh, okay.

Out where Journeyman is, there's a

great, cool pizza place.

Down in New Buffalo is a good pizza place, so there's

actually decent pizza up there now which is...

Oh man.

Incentive to go visit again.

Sorry Chris Borchert.

Other places are getting pizza now.

Okay.

Maybe they can add it to the map

and Kiplinger, but-

let's do it.

What you need to know is you need to know where

your income's coming from.

What's important to you and then click on the state,

so if you're looking at, "Hey, I want to move to the

East Coast, the Carolinas."

Well compare North Carolina and South Carolina, or

compare Georgia down there.

If you want to move to the Pacific Northwest, there's

a big difference between Oregon and Washington and

California tax wise, so.

Oh wow.

Just know those things, and if talk to a

professional, but do know what that means to you from

that perspective, and now there are reasons to move

but there's also, sometimes you just move no matter what.

It's just part of the equation, and I have a client who I

just adore and for the last 5, 6, 7 years, they've been

telling me, "Hey, in 2023, we're moving to Italy."

wow.

We're retiring, we're moving to Italy.

That's cool.

And that's what their dream was.

Man.

So what we did is we did a lot of research

on the Italy tax, because they will be taxed as Italy

residents, and their tax rate in Italy is going to be

somewhere in the realm of 75%.

So how does that happen?

That's what the Italian tax rate is, once you

get over a certain threshold.

And so right now, for the last few years, we have been doing

huge tax moves to try and make, try and hide their income as

much as possible, to try and prepare them for that move.

So the same thing's true here.

I mean, if you're going to move to a state, if you want

to move to California, if you want to move to Indiana

or Wisconsin, well maybe there's some tax moves you

should make while you already live in a tax friendly state.

Man, 75%.

So I did promise my good friend, Jackie.

You know Jackie?

Mm-hmm, yeah.

And her boyfriend, Matt, they went

on a family vacation in Italy and they got engaged.

So I said, I will give them a congratulations on our podcast.

Matt, Jackie, love you, congratulations and I

better be at your wedding.

Congratulations.

Yeah, that's fantastic.

I know.

Isn't that great news?

We have named dropped more on this

episode, than we ever have.

We have done a lot of name drops and

this is just the beginning.

I think of name dropping

I'm a little nervous.

You should be nervous.

I do think that these fellas will reciprocate in the

future on their own podcasts.

Cool!

Well I hope so.

So Josh, where do you want to retire?

Do you want to stay in Illinois and just have

a house somewhere else?

Missy and I talk about that.

We talk about people moving out of the city of Chicago.

We have talked about as our kids get older, actually

moving back into the city.

Really?

We love the city of Chicago, the vibe

and the energy it brings.

Sure.

I think it depends on where your kids are.

A lot of people that I talk to, want to move where

their kids are, and that's totally understandable.

I think that will depend, where are kids going to be?

What's life going to be like at that situation?

So you know David, when I graduate high school,

I was voted by the senior class, the most likely

to never leave Elmhurst.

So far, it's held true.

Besides the few years in college and the 18 months up in

Wheeling, I've been an Elmhurst resident my entire life.

Oh, Bretl for mayor.

What's that slogan?

We'll settle for Bretl.

Nothing like a great political slogan there.

No, nothing like it.

One of the places I want to live, not like

you asked, do you care?

Do you want to know, where?

Yeah I do.

I care very much about you.

You should.

I might choose where you live.

That's actually good point.

There are several places, one of them is Alaska.

For the temperature?

Yes.

Temperature.

Beautiful.

I've only been there once in a cruise, unbelievable place.

It just looks, quiet.

Right?

You might want to be there, where it's dark for

24 hours a day too, don't you?

Well, it's funny, actually now thank you

for that segue, not like you knew, but I actually wrote a

haiku for the State of Alaska.

Would you like to hear it?

Yes.

All right.

I take this, I don't share this with many people, but

I'll share it today with you Josh and anybody listening.

Okay?

This is my Alaska haiku.

Moose how I love you.

And your 30 days of night.

I will live there soon.

And that's my haiku!

And go ahead if you want to do the syllables, it's 5-7-5.

I'm a haiku master.

I'm...

He's speechless.

I left you speechless.

I'm at a loss of words.

Yeah.

I have, I knew so much about you and I didn't know

what a literary genius you were.

We can get t-shirts.

I think the state of Alaska, if they want that, are you willing

to give it to them for free?

That haiku?

Yeah.

If they buy Cometeer.

If they buy Cometeer from you?

Yes.

That's my haiku.

Wow, man, that was impressive.

Thank you.

Alaska doesn't surprise me with you,

that's understandable.

I also do like Scandinavia, Colorado,

maybe eventually, but I do want to leave Illinois.

Yeah.

You have family in different places and-

right.

it's nice to be there, so.

Right.

But thinking about those things is

unbelievably important, and as always we've said in our

prior episodes, having a plan ahead of time is nice.

Sometimes it's not possible, but having that plan is quite nice.

Speaking to which, can you hit that button there?

[Singing] Everyone should feel honored, they just

heard my Alaska haiku.

No one else has ever heard that haiku, it took me years

to perfect, but I can relate to this whole moving thing because

Josh, as you know I am a huge basketball fan as are you.

I love basketball.

Postcollege we'd get the gang back together

and play park district basketball all the time.

Pretty much everybody from high school we'd get together, we'd

start playing and it was like I was reliving my glory days.

I was so happy, we did so for 4, 5, 6, 7 years, at least.

La Grange was one of the best leagues you're in, I digress.

But so I'm starting to think here, I'm getting older, I still

love this sport and I think I can still play a little bit.

Sure, two times down the court and I'm probably dead

because I'm out of shape but I want to move where Kevin

Collins moved or like Vince Lucca moved in New York.

Kevin lived in Europe, Mark Thomas was in the military,

he moved to Colorado.

That's why we stopped playing.

That's why we stopped playing.

Everyone moved away.

These selfish friends of ours like, "Oh, I

need to go experience life."

And they left us hanging.

Mike Nee didn't move away, he just had 19 babies.

19 babies and is probably coaching

UofI basketball by now, because he's that good.

So is it wrong of me to be like, pack up the kids and go find

our basketball buddies just for the sake of playing basketball?

No.

No?

I don't think so.

Okay.

I don't think so.

Was that a weak Dave relates to retirees?

No, and actually I think I got this one.

You got this one?

Yeah.

All right.

So I'm not going to have you jingle me out this time.

I'm going to jingle myself out and I'll let

you connect to dots.

Okay?

You ready?

Yeah.

[Singing].

I got to mix it up sometimes for you.

That was live by the way, folks.

He haikus, and sings directly into the microphone.

I do.

You have no fears.

No fears.

All right.

Let me try and tie this one together here.

Okay.

Yeah.

And there are all sorts of reasons that people

want to move in retirement.

We call this Retirement = Freedom Podcast, and the reason

we do it because retirement, you should have this freedom

to do what you want to do when you want to do it.

And if you want to be warm all the time, great.

If you want to be by your kids, great.

If you just want to be away from people, great.

And if you want to play basketball with your high

school buddies, because you've never left the '90s

and you can't believe high school's 25 years in the past.

Yes.

David.

Yes.

25.

Wow.

Then that's what you should do.

Okay.

But planning those things out is really important.

So if you want to move to Colorado to be with Mark

Thomas, we should know what the Colorado tax laws are.

If you're going to move wherever, you should

know what those laws are and plan accordingly,

because you got time.

You're still a young chicken, the young buck.

Thanks.

So planning now will make those both

obtainable, and affordable so that you have that freedom

that you're not struggling with what to do or wishing

from a financial standpoint.

Man, living near Mark was really expensive, and the

last thing you want is to regret your choices of moving

from a financial standpoint.

Yeah.

So the Dave relates to retiree's jingle is pretty fun.

All right.

I agree, I can work on my storytelling a little bit guys

I'll work on that, but our podcast episodes kind of feel

like an episode of Full House.

Explain.

I just feel the first two thirds are kind of

goofy and silly, but whenever it comes time for you to connect

the dots and you go on your little monologue, it is so

serious and sometimes sappy and I have to fight back tears

when I hear you speak because it's so elegant and amazing.

And I just feel like we're in an episode of Full House.

RIP Bob Saget, but-

I was just going to say, am I Bob Saget?

Whoa.

Gosh.

Yes.

But I mean, no, uncle Jesse.

No I'm uncle Jesse.

No, I'm Joey, anyways my point is these monologues at the

end, I'll start playing the music it'll just be so good.

I'm going to play Full House, sappy music for your monologue.

Making a note of this.

Dave is the music up right now?

Do you think?

Oh, I think it's going, yeah.

Mm-hmm.

And do you think people actually

learned something today?

It's more of a mindset episode.

Yeah.

It's more of a mindset episode, Josh.

You're right people are learning specific taxes, but

they're think they may start asking themselves additional

questions as to why and where.

One of the things that I always say is, teaching

people how to think about it, is extremely valuable.

Again, I want to remind people of our Retirement = Freedom

Facebook group, it's new, it's getting off the ground, and I

want this to be a place where people can talk about their

retirement dreams and all the things that is important to

them and really we can talk about that mindset shift and

the way to think about things.

But today I'd like people to find that Retirement = Freedom

Facebook group and let us know, where do you want to retire?

Send us a picture, why, whatever it might be, where

do you want to retire?

Where do you want to retire?

And here's the extra bonus, because I got to

throw in a bonus here.

Right?

Josh is leaving for a meeting in a few minutes and I will

record a video of myself, reciting my Alaska haiku.

Woohoo!

I'll do it!

And with that, we say...

Bye!