What does retirement mean to you? Staying right where you currently live – cheering on the same local sports teams, eating at the same restaurants, chatting with the same neighbors, and shopping at the same stores? While that may sound just fine for some people, others are intrigued by the possibility of relocating. If you’re thinking about moving for retirement, you are not alone.
As many people reach their golden years, they get wanderlust. They’re ready to swap prairies for mountains, trade freezing winters for environments that are more subtropical, substitute city life for the country, etc. Retirees are, in fact, relocating more today than ever before. Many stay within the confines of their states but shift to a different city. How many move to another state entirely? Answer: Approximately 38%.
Popular Retirement Destinations
You might assume that the number one retirement destination is Florida. If so, you would be mistaken. At the top of the list, Virginia was the most popular. At a respectable second, Florida still beat out Idaho, Pennsylvania, Wyoming, and others.
Things to Think About
Some of the factors you may want to consider when deciding where to make your retirement move can include the following:
- Culture – theatre, museums, music, etc.
- Mountains?
- Beaches?
- Weather
- Finances
Other Considerations
Other considerations you may want to factor in could include, among other things, paying taxes. For the record, no state income tax exists in Florida. That might put it back to number one for many people. Then again, no state income tax exists in Wyoming, Washington, Texas, Tennessee, South Dakota, New Hampshire, Nevada, or Alaska, either. That will be a major consideration for some people.
In addition to a lack of state income tax, there is no inheritance tax/estate tax in 33 states. Florida is one of them. North Carolina and New Hampshire are included, as well.
Retirement Communities
Though there are retirement communities in virtually every state in the nation, some states have more than others. Topping the list with the most retirement communities are Florida, Texas, New York, and California (in no specific order).
Today’s retirement communities offer abundant amenities. So much so, in fact, that many provide a resort like atmosphere. Some of these amenities – depending on the community itself – can consist of the following:
- Indoor/outdoor pools
- Beauty salons/barbershops
- Exercise rooms
- Libraries
- Chef-prepared meals in a fine dining atmosphere
- Complimentary transportation
- Concierge service
- Health and wellness programs
- Numerous activities and events
- Housekeeping and maintenance teams, and more
The most common types of residences are one- and two-bedroom apartments and suites.
There is any number of specific “types” of retirement communities, too. The three basic ones being Memory Care, Assisted Living, and Independent Living.
If You’re Moving for Retirement – Choose Florida!
With roughly 4.2 million retirees in Florida, the choice to move here for retirement is clearly a popular one. We are located in Bradenton, so you’ll have easy access to multiple area golf courses, fishing, beaches, restaurants, and much more. Best of all, you can’t beat the weather!
Enjoy your golden years in a resort-style environment. Want to head over to the beach but don’t feel like driving? Maybe fishing? No problem. We offer complimentary transportation as one of our many amenities.
Depending on the community in which you live, we provide one- or two-bedroom apartments and suites for our residents. Our communities include Memory Care, Assisted Living, or Independent Living.
If you have further questions, feel free to contact us at 941-209-3466. For sales and leasing inquiries, please call us at 941-257-0929.
If you’d like to schedule a tour, we’d love to show you around. Click here for our convenient online form.
