Florida is far from being a secret retirement spot, from its pristine beaches and beautiful climate to its wide offering of excellent healthcare options, there are plenty of attractive benefits retirees can enjoy in the Sunshine State.
Florida continues to rank as a top state for retirement and recently was ranked #1 on WalletHub’s Best States to Retire list. Here are a few more reasons why we think retirement living is better in Florida!
Looking to Retire in Florida?
1. Taxes
Now that you’re retired, you might be living on a fixed income. Lucky for you, Florida doesn’t have a state income tax. Did you know that there is also no inheritance or estate tax? If you have a second home, you can even deduct property taxes as well as mortgage interest once tax season comes around.
2. Lower Cost of Living
Florida’s cost of living ranks 98.70 out of 100 according to Bestplaces.net. This means that Florida’s cost of living is lower than the national average. It makes perfect sense to retire somewhere where your money will go further and more of your budget can be spent on things that may still be on your bucket list!
Florida offers a variety of recreational activities year-round. Indulge in the beautiful climate and enjoy a weekend of golf, biking, walking, fishing… the list truly is endless. Amelia National Golf & Country Club and Plantation Bay Golf & Country Club are popular ICI communities among active adults and retirees. Residents enjoy monthly events and socials as well as community amenities just a few steps away from their new home.
4. Destination Hotspot
Florida is internationally known for its theme parks in Orlando, beautiful beaches surrounding the state, and a wide variety of annual events. Not only will you never be bored, you’ll always have somewhere to take visiting family members and friends. If all you seek is a nice quiet place to relax in a quaint small town, we’ve got plenty of those for you as well. Traveling is also convenient with the placement of numerous international airports located a short drive away.
5. A Growing Community
More and more active adults are relocating to Florida after retirement. There are plenty of opportunities to meet new people and make friends to accompany you during this new chapter in your life. In fact, relocation to Florida is growing faster than ever and the reasons we listed above barely scrape the surface of retiree benefits!
Interested in learning more about Florida living? Join us for a a few days at Amelia National Golf & Country Club in Fernandina Beach or Plantation Bay Golf & Country Club in Ormond Beach!
