Lake Front Homes
Tellico Lake has the best views of the Great Smoky Mountains and 75% of the land around the lake is protected by the Tennessee Valley Authority - that makes for some quiet peaceful coves for swimming, boating. fishing or just relaxing. There are several developments on both sides of Tellico Lake with the 357 miles of shoreline. On the west side would be Rarity Bay, Kahite, Legacy Shores and Tellico Village. Along the east side there are several communities including the WindRiver Lake and Golf Community, Foothills Pointe, Tellico Harbor, Harbour Place, Morganton Landing and Tuckaway Cove. WindRiver offer both yacht docking, golf and award winning dining.
Championship Golf Courses
Tellico Village has three of the private championship golf courses - Toqua, Tanasi, and The Links at Kahite. Rarity Bay has a country club type facility and championship golf course. WindRiver offer both yacht docking, golf and award winning dining.
NO State Income Tax
Tennessee’s tax laws are getting more favorable every year. The state does not tax individual wage income earned by its residents. The gift tax was repealed January 2012. The estate tax was repealed January 2016. Now, the only tax left is the Hall tax and it will be repealed January 2022. Thereby, making the state more friendly to business and helping retirees to feel more financially secure.
KIPLINGER rated Tennessee as the fifth best state to retire in 2018. This was based on financial factors including cost of living, tax burden and affordability of healthcare.
USNEWS: Tennessee is the top state for fiscal stability. It’s followed by Florida, South Dakota, North Carolina and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.