Are you retired? Will you be retiring soon? Either way, where do you plan to spend your golden years? If you live in a cold climate now, you might be thinking about warmer weather. If you’re already in an area that has reasonable weather, you might still be considering a move further south. One of the best places for retirement is Florida – evidenced by its approximately 4.2 million retirees.
If you’re looking at retirement soon or are already enjoying it, consider the benefits of a carefree retirement in the sunshine state.
Let’s check out the advantages of a move such as this.
The Obvious Reasons
Some of the reasons for wanting to retire in Florida are relatively obvious. The climate is unbeatable. It’s referred to as “The Sunshine State” for a reason. Though it does experience storms on occasion, Florida is definitely an enjoyable tropical environment. Most days, the sun shines brightly.
Sunshine is important because there are so many things you can do while enjoying it. If you’re a golfer, per capita (in the US), Florida has the most golf courses. If you live in a retirement community, you’ll certainly never have a problem finding a partner or possibly even a foursome with whom to head over to the golf course.
If you prefer fishing or the beach, no problem. It’s Florida! There is an abundance of opportunities for both being so close to the ocean. There are also lakes and ponds scattered throughout the state.
Florida offers a plethora of healthcare options/providers. To name a few:
- Tampa General Hospital
- University Of Miami Jackson Memorial Medical Center
- Mayo Clinic in Jacksonville
- Cleveland Clinic in Weston and others
In addition to being numerous and easily accessible, the benefit of all these medical providers presents the opportunity for competition between them.
There is no state income tax in Florida! This means a 401(k) and IRA incomes aren’t taxed, nor are pension incomes, nor are Social Security benefits. Additionally, there’s no inheritance or estate tax. Sales tax and property tax rates are about average compared to the rest of the nation.
For as much as $50,000, you may be able to receive a homestead exemption. At 65+ years of age, when it comes to paying property taxes, the homestead exemption may be even more.
But if you reside in a retirement community, property taxes won’t be anything you need to worry about. There are numerous benefits of living in a retirement community when you compare it to owning a house and all that goes with it. Some of those benefits include finances.
4.2 Million Retirees Can’t Be Wrong!
Every year, more and more people retire to the sunshine state of Florida. It’s no wonder, with beautiful weather, easy access to beaches, superb fishing, a vast array of golf courses, and lots of other retirees with whom to socialize.
If you want your retirement to be as carefree as possible, check out our retirement community. We offer three distinct living options: Memory Care, Assisted Living, and Independent Living. With all the amenities available, a resort-like atmosphere offers the opportunity to experience retirement the way it was meant to be – in style.
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.