Financial experts predicted Jeff Bezos’s move to Florida would pay off handsomely—and they were right. So far, the Amazon founder’s tax savings have been astronomical, worth an estimated $1 billion this year alone.

  • ArbitraryValue@sh.itjust.works
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    7 hours ago

    …you don’t cash out your entire retirement accounts but when you retire.

    No but you might move your money to a different, lower-risk investment. With that said, my post was poorly-written and the part about retirement was extraneous. I should have just said

    with the assumption that there wasn’t a job tying me to any particular location

    • Bronzebeard@lemm.ee
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      5 hours ago

      Moving money within a retirement account, or even between retirement accounts does not incur capital gains, either.