A New York retiree says people who think his state is too expensive for retirement 'could not be more wrong'

'New York is a fabulous place to retire,' he says

Retiree David Fisher, 69, has lived in New York state since age 27. He has found that while living there was expensive while he was working, New York is much more affordable in retirement. This is primarily for three reasons: New York State doesn't tax Social Security or retirement account distributions, the state has a program to reduce property taxes after age 65, and there's a low cost of living in the Rochester, New York, area where he lives.

Retiree David Fisher, 69, has lived in New York state since age 27. He has found that while living there was expensive while he was working, New York is much more affordable in retirement. This is primarily for three reasons: New York State doesn't tax Social Security or retirement account distributions, the state has a program to reduce property taxes after age 65, and there's a low cost of living in the Rochester, New York, area where he lives.

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