We're in our 60s with $9 million saved for retirement - we are excited but can't stop thinking about the large tax liability coming up

For retirees facing tax burdens, relocating to states with no state income tax can significantly enhance their retirement income, allowing them to enjoy life without heavy taxation.

A financial planner who does not address tax strategies can leave clients vulnerable; it's essential for retirees to seek comprehensive financial advice that includes tax considerations.

Read at 24/7 Wall St.