I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...
Carson City is 35 minutes from Reno and a much better retirement place. Smaller (58000) and the State Capital. The Legislature only meets every two years. Houses are cheaper than Reno and so is gasoline because we don't have the extra tax that Reno has...and you don't need to smog your vehicles in Carson City. Plus we are half and hour closer to Lake Tahoe.
Reno Nevada used to have very cheap rent. Now the rent and house prices are going through the roof. Still cheaper than California though and a lot of people here come from California. They NEVER tell people how ❄️ cold Reno gets. It's like 26 degrees right now and that's pretty normal. At least we don't get ❄️ snow like Tahoe.
l live in Pahrump, in a 55+er. ovation at mountain falls. I do like the community I live in, very much. the house is very affordable. the town itself - needs updating. with cineplex for starters. but Summerlin, which has everything is an hour away. taxes, I don't know what they are.
I wish they were more honest about the weather in Northern Nevada. If your coming from some place like Southern California the winter ❄️ is quite a shock to the system.
In my opinion what is missing is the average price of homes and wages in these cities compared to the rest of the state and nation. I believe that a sample of taxes should also be included. With this information a person could start researching to determine whether or not moving to the Silver State would be beneficial.
Been n reno ten years leaving soon not a older person’s town. To cold but summers are ok at 5000 feet. To many cars with no license plates tail gatters and homeless down town. Casinos are having a hard time. The only positive is the university
Why are they NEVER honest about the weather in Reno. It gets so cold in the winter. Not good for older people with arthritis. And a lot of people have arthritis!
400k homes are not upper class anymore,but unfortunately half of the nation can not afford even 250k home.Our system has become more like Brazil,too much wealth gap between upper class and masses.
@ABC This is because Americans live beyond their means and do not save. We are an instant gratification society both with our attention span and finances. Did you know over 6/10 Americans cannot come up with $1,000 if needed.? That is absolutely pathettic.
If you like lots of people, lots and lots of traffic, homeless now everywhere, and high crime, and of course every sin a person could get, then Vegas is perfect, Ive been here for the winters for 10 years now, and looking for a much smallier area.
This video mentions low sales tax in Reno. Nevada state sales tax starts at over 6%. Counties and cities can each add additional sales tax. Reno has a total sales tax rate of roughly 8-1/2%. The neighboring city of Sparks is around 8-1/4%. Sales tax in Fernley is 7.1% Average rent in Reno is over $1,600 per month, including both houses in crowded subdivisions and small apartments in large complexes. The video also mentioned warm weather. Today, December 29, 2022, Reno has had several inches of snow as well as high wind warnings through tomorrow night. Fernley and Elko can have that same type of weather during the winter, including occasional temps below zero. Las Vegas and Henderson routinely have temps above 100 Fahrenheit in the summer. Temps in the teens and twenties is not warm, it's cold. Temps above 100 is not warm, it's hot. I hope everyone does a lot of research on any location prior to making a move, especially during retirement.
Taxes are Higher than you think Hopefully the New Governor wilk straighten out the mess that Silly Sac did ,think you won't need a Snow shovel or Engine block heaters Vegas & Reno area are Politically far left !!
Exactly those low numbers are not true high car insurance rates beating the hole nation especially in Las Vegas Henderson is the same city paradise exareta. Heavy traffic high prices at any grocery store. High energy bills that make it California like prices. So you are not saving shit. The high cost of living has turned Nevada into a Lego land small apartment building that are outrageously overpriced 1600 one bedroom. But worst is the skyrocketing crime murder robbery and heavy traffic with people who love to drink and drive. It’s a desert and even with all this rain they will eventually hit difficult times if they run out of drinking water. It’s not affordable to move there like the good o’l days the cheap is long gone…..
I guess if your retired you don't care whether they have an income tax. But if you do have to work, know you won't make enough to live on as the wages suck with min wage about $9hr.
Whsat ever you do DONT TELL ANYONE YOUR FROM CALIF OR YOULL BE ABUSED BADLY THEY HATE US RENO IS THE NICEST ELY SUCKS VEGAS THERE GOSE ALL YOUR KIDS MONEY SO STICK TO RENO
Moved to Thailand. 1 bedroom apartment with kitchen, pool, gym, steam room and security $300/month. Electric $90/month. Water $7/month. Health insurance $180/month. Dozen eggs $1.50. Meals start at $1.50. Cellular unlimited data $7/month. If you have a drinking problem don’t come to Thailand, I’m surrounded by 200plus bars in this city with pretty girls calling for us to stop and drink… and many times they offer more than just drinks😳.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...
@@Elliot-Ivan That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@Freddie-09 My advisor is VICTORIA CARMEN SANTAELLA;
You can look her up online
Nah I Can't say I can relate, VICTORIA CARMEN SANTAELLA charge is one-off and pretty reasonable when compared to what I benefit in returns.
Carson City is 35 minutes from Reno and a much better retirement place. Smaller (58000) and the State Capital. The Legislature only meets every two years. Houses are cheaper than Reno and so is gasoline because we don't have the extra tax that Reno has...and you don't need to smog your vehicles in Carson City. Plus we are half and hour closer to Lake Tahoe.
Very nice to know. Thank you!
I live in Reno and can get to the lake in half an hour.
And the people in Carson City are generally nicer than the people in Reno and Tahoe! Beautiful city.
Sounds good to me! Vegas is NOT a good place to retire. Like Reno, also.
@@kristinjayne6720Do you like it?
Just retired from the Army and moving to Mesquite in 3 months.
VEGAS IS NOT CHEAP ANYMORE! AT LEAST NOT THE STRIP AND HOUSES PRICES ARE THRU THE ROOF; NOTHING BELOW $200k
Agreed and even the $200k homes are in the hood and in desperate need of a gut job. It’s just amazing these days.
The housing market there is quickly turning from a sellers to buyers market.
Reno Nevada used to have very cheap rent. Now the rent and house prices are going through the roof. Still cheaper than California though and a lot of people here come from California. They NEVER tell people how ❄️ cold Reno gets. It's like 26 degrees right now and that's pretty normal. At least we don't get ❄️ snow like Tahoe.
So true!
l live in Pahrump, in a 55+er. ovation at mountain falls.
I do like the community I live in, very much. the house is very affordable.
the town itself - needs updating. with cineplex for starters.
but Summerlin, which has everything is an hour away.
taxes, I don't know what they are.
Reno also has a great duplicate bridge community. Mathewson Bridge Center
Great promotion video. Got one thing right, it's guaranteed it'll be an adventure.
I wish they were more honest about the weather in Northern Nevada. If your coming from some place like Southern California the winter ❄️ is quite a shock to the system.
Elko is high elevation, great outdoor sports. cold all the time
In my opinion what is missing is the average price of homes and wages in these cities compared to the rest of the state and nation. I believe that a sample of taxes should also be included. With this information a person could start researching to determine whether or not moving to the Silver State would be beneficial.
The wages in Nevada are terrible. Just moved from there. Was a $6hr increase from there to where I'm at now. Doing the same work.
@@gailmckay5551 This video is aimed at retirees; local wages aren't of much importance at that point in life.
@@johng4093 says the rich guy with full retirement off a good waged job.
Reno is, and I quote, “the biggest little city in the world“. I don’t remember what they said on here, but it wasn’t that.
Did you do your research before making this video? Have you ever visited this state other than Vegas?
Indeed. Very shallow bit of information here.
* “Reno the biggest little city in the world” *
Been n reno ten years leaving soon not a older person’s town. To cold but summers are ok at 5000 feet. To many cars with no license plates tail gatters and homeless down town. Casinos are having a hard time. The only positive is the university
Why are they NEVER honest about the weather in Reno. It gets so cold in the winter. Not good for older people with arthritis. And a lot of people have arthritis!
Considering each of these cities the median home price is over $425k how is this good? Unless you’re in the upper class, then forget it.
Your definition of upper class is someone that can afford a $400k house?
400k homes are not upper class anymore,but unfortunately half of the nation can not afford even 250k home.Our system has become more like Brazil,too much wealth gap between upper class and masses.
@ABC This is because Americans live beyond their means and do not save. We are an instant gratification society both with our attention span and finances. Did you know over 6/10 Americans cannot come up with $1,000 if needed.? That is absolutely pathettic.
The best place to retire in Navada is Arizona.
Elko means Evil Land Keep Out!
I thought they were kidding.
Evil Land keep out or regret it.
If you like lots of people, lots and lots of traffic, homeless now everywhere, and high crime, and of course every sin a person could get, then Vegas is perfect, Ive been here for the winters for 10 years now, and looking for a much smallier area.
WOW IS GOOD
Vegas and Henderson are not good values.
I stay away from the strip. To much crime.
This video mentions low sales tax in Reno. Nevada state sales tax starts at over 6%. Counties and cities can each add additional sales tax. Reno has a total sales tax rate of roughly 8-1/2%. The neighboring city of Sparks is around 8-1/4%. Sales tax in Fernley is 7.1% Average rent in Reno is over $1,600 per month, including both houses in crowded subdivisions and small apartments in large complexes.
The video also mentioned warm weather. Today, December 29, 2022, Reno has had several inches of snow as well as high wind warnings through tomorrow night. Fernley and Elko can have that same type of weather during the winter, including occasional temps below zero. Las Vegas and Henderson routinely have temps above 100 Fahrenheit in the summer. Temps in the teens and twenties is not warm, it's cold. Temps above 100 is not warm, it's hot.
I hope everyone does a lot of research on any location prior to making a move, especially during retirement.
Taxes are Higher than you think Hopefully the New Governor wilk straighten out the mess that Silly Sac did ,think you won't need a Snow shovel or Engine block heaters Vegas & Reno area are Politically far left !!
Exactly those low numbers are not true high car insurance rates beating the hole nation especially in Las Vegas Henderson is the same city paradise exareta. Heavy traffic high prices at any grocery store. High energy bills that make it California like prices. So you are not saving shit. The high cost of living has turned Nevada into a Lego land small apartment building that are outrageously overpriced 1600 one bedroom. But worst is the skyrocketing crime murder robbery and heavy traffic with people who love to drink and drive. It’s a desert and even with all this rain they will eventually hit difficult times if they run out of drinking water. It’s not affordable to move there like the good o’l days the cheap is long gone…..
They NEVER tell people how cold it gets in Reno.
My son and his wife recently moved to LV and paid nearly $4,00,00 for a 1,300 square foot home that was nearly 30 years old.
@@elliebellie7816Do you mean 4 million or 400 thousand?
Not too many houses for sale in Fernley or Elko unless you're trying to buy land
I guess if your retired you don't care whether they have an income tax. But if you do have to work, know you won't make enough to live on as the wages suck with min wage about $9hr.
Income tax is massive for retirees and a huge consideration for relocation. Just sayin
I wouldn't move or visit in Nevada!!
Can you drink sand,or pay a fortune for water!!
Right to Work! I'll never live there again. (And I love the desert) My opinion!
Whsat ever you do DONT TELL ANYONE YOUR FROM CALIF OR YOULL BE ABUSED BADLY THEY HATE US RENO IS THE NICEST ELY SUCKS VEGAS THERE GOSE ALL YOUR KIDS MONEY SO STICK TO RENO
My brother lived in Las Vegas for years. He called it the city of vampires.Absolutely hated the place.
You have the elko hot springs wrong, it's too hot and fenced off, several people have died in it.
Gas tax in Reno is high! Looking at living on the outskirts!! Price of rent is outrageous
Moved to Thailand.
1 bedroom apartment with kitchen, pool, gym, steam room and security $300/month.
Electric $90/month.
Water $7/month.
Health insurance $180/month.
Dozen eggs $1.50.
Meals start at $1.50.
Cellular unlimited data $7/month.
If you have a drinking problem don’t come to Thailand, I’m surrounded by 200plus bars in this city with pretty girls calling for us to stop and drink… and many times they offer more than just drinks😳.
Much better that’s a dream come true thank you.
Hi - Very nice and helpful video! Thank you!