We should really whine about it. It's only an extra $100,000 we are charged to live in our home compared to other communities. We should be proud that we contribute so much more to the tax base than many other communities throughout the USA.
I went to this website
http://www.daveramsey.com/article/in...g/#/entry_form
I calculated what the growth of the investment might be.
We start off with $0 dollars in our account.
We take $208 dollars a month and invest it into an IRA. The $208 is what we are basically over charged for the same services provided in other communities across the USA. We should confirm how much above average we are charged to see what that amount really is.
We do that for 40 years. 40 years is a very short time. Goes by before you know it.
If we earn an average 6% interest per year for 40 years that investment could be worth $409,463 dollars.
At least that is what that calculator displays.
When you retire you can draw from that balance over time while it's still growing.
Even if you only take $20,000 a year out you can do that for 20+ years. Supplement your SSI.
But no... That is taken away from you in the form of abnormally high property taxes in various communities throughout NYS.