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Old 02-01-2020 | 05:42 PM
  #7  
Grumble
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Joined: Nov 2009
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Originally Posted by Fletch727
Live in Chicago area and have the opportunity to get out and head to a better domicile, but the wife wants to stay, buy an expensive house and doesn’t care about finances. I need a short notice consult with an advisor to give a third party point of view to bring her down to earth. After calculating differences in property and income taxes in IL, I’m looking at wasting over $16,000 ADDITIONAL money over and above an average states taxes per year. With close to 25 years to go, that’s $400,000 gone when I retire - with nothing to show for it.

If anyone has recommendations and contact info, please feel free to send a PM.

Regards
Do you have kids? Does she work? If not, by Felicia! That 400k is a low end estimate. Taxes will only go up, and you’ve forgotten the missed opportunity cost of investing that money.
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