You might want to do some research. California is a happenen' place but quite expensive. Housing, food, gas, everything is pretty pricey. Arizona and Florida have some nice warm weather and cost of living is a little more moderate.
But....you only live once. If that's your dream retirement location and you can afford it ....go for it.
If you are asking whether California taxes social security then the answer would be no. California is not one of the 14 states that levy tax on social security benefits. Therefore, your cost of living depends on your normal or average standard of living.
I think they are taxed once you have taken out as much as you put in. Before that, no, because you are getting back what you paid in. I'd double check that, though. Mine are SS death benefits from my late husband, so I don't pay taxes on that. Death benefits can't be taxed, because that would be putting a cash value on a human life.
1 year ago
Last edited at 1:25PM on 1/9/2013
You are lucky to not have been spoiled by living here in California first. My wife and I may need to move out of state, or live in one of the more undesirable parts of California, due to the cost of living here. It will be so hard for us to give up the beauty and excitement of the Bay Area with its mild climate and only the occasional temblor to worry about.