It seems cliché, but Florida really is the best place to retire. There are a lot of reasons, so let’s explore a few.
Top of the list: taxes
When you retire your income is no longer a guaranteed thing and is now limited to your pension/401K/IRA and Social Security. That can be a challenge if you live in some other states like New York or Maryland that feel that pillaging your retirement income is their prerogative. So why not move to Florida where there is no state income tax, no inheritance tax or estate tax?
Stretch that retirement dollar
You know what else goes right along with the lower taxes? A lower cost of living, generally (some areas are higher, but that goes for anywhere you look). Homes are less expensive, as are the other necessities of life. You can stretch that retirement dollar a lot farther.
You can’t ignore the weather in Florida. Yes, it’s hot in the summer. Yes, it’s humid in August. Guess what? It’s hot and humid a lot of other places too. Ever been in Washington DC in August? How about Michigan in February?
You won’t be shoveling snow in Florida. Or blasting your heat either. You might need a light jacket or sweatshirt in January, but not a parka, scarf, hat and mittens just to go from the house to the car! You will have to be aware that the sun IS stronger in Florida in the summer, but like you adjust to freezing temperatures in the winter now, you can adjust your activities to avoid too much sun in July.
Enjoy water play
Along with those lovely warm temps comes water. Florida is surrounded by it on all but one state line. The Atlantic Ocean is on one side and the Gulf of Mexico on the other. In between are lakes, canals and marshland. That means plenty of things to do like swimming, boating, fishing, biking, bird watching or whatever else you like to do on the beach or at the pool.
A great place to vacation for your family
You know those kids and grandkids left behind in the colder, more expensive climes? Grandma and Grandpa’s house now becomes a great place to vacation. Going to the beach or even to Orlando for some time with Mickey Mouse or at Universal Studios. Many towns have their own water parks and there is so much to do that the kids will be worn out in no time. There are plenty of airports to make their trip down quick and easy.
So why retire anywhere else?