A recent study by a New York based technology company, which uses financial modeling concepts to provide advice on major financial decisions, rated Tallassee and Wetumpka as the number one and number two most tax friendly retirement spots in Alabama.

The SmartAssets study’s methodology is based upon easily obtainable tax information for a certain class of citizens. The study used a base $50,000 income to ascertain how individual city tax policies would impact a retiree. According the hypothetical numbers plugged into the system, a retiree would receive $15,000 for Social Security, $10,000 from a private pension, $15,000 from retirement savings and $10,000 in wages. Of course the figures are merely hypothetical, but for those whose numbers deviate, they can use a sliding gauge to assess their numbers and the tax friendliness of communities throughout the state.