A full breakdown of whether $2,000/month covers the cost of living in Miami — including take-home pay after tax, monthly costs, your savings rate, and how long until financial independence.
No Florida state income tax saves 5-8% vs New York or California. Growing tech hub. Costs rising but well below coastal cities.
No Florida state income tax — federal only (~22% effective for mid-range earners).
401(k) and Roth IRA. Fidelity or Vanguard for low-cost index funds.