Retiring to Las Vegas
by Rob McGarvey
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From time to time, every one will have thoughts of what they will do when they reach their "golden years" and be able to retire. Some of us are forced to rather than choose to retire, but at some point it is time to quit and take your pension, government or otherwise.
Canadians are famous for spending the good months of summer at home and then heading south into the States for the winter. For about six months of the year they live off their Canada pension State side, usually in Florida. There are many other places in the States to retire to. The topic of this story is the State of Nevada, more specifically the City of Las Vegas.
Las Vegas is the fastest growing city in North America. There is ZERO state tax, ZERO estate tax, and very low property taxes. All of these bonuses are spin offs from the fact that this state is the biggest gambling location in the world. The climate is hot, yet dry, and very good for people with alergies and breathing problems. It is no wonder Las Vegas is also the fastest growing seniours population.
One of the big decisions in life can be wether or not to retire early. No one knows what life will bring at any time, but as we get older health can be a larger concern. Having time to enjoy life as opposed to working five of every seven days to earn a living is not always a choice we can make without suffering some monetary consequences. Being able to retire at 55 and recieve 50% of the pension you would at 65 may not be possible, not unless your expenses are low. You may even want to have another part time job to help you out.
I'm a good 20 years away from even being able to retire early, but I have already got a good head start on my part time job. It's all tax free, and it's fun at the same time. Yes, it's playing Blackjack, and I am counting cards. I have always planed on retiring early, and the way things are going it may be as early as 50. I plan on spending my holidays in Las Vegas until I can stay there for my 4 to 6 months a year, playing cards, enjoying the weather, enjoying the good life, cashing my pension cheques and green and black chips.
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