Are you planning on retiring soon? Well, the first step is choosing where to retire. If you’re envisioning retiring in a waterfront setting surrounded by warm weather and palm trees – then we have the place for you. Florida! USA Waterviews went ahead and created a list of the benefits of becoming a Floridian.
Tropical Weathert
Now, Florida’s weather is unparalleled. The sub-tropical climate offers warm weather, sunny days, and mild winters. Citizens do not have to worry about bundling up in the cold temperatures or dodging patches of ice. The weather varies slightly depending on your location within the state. For example, the southern tip of Florida experiences more humid, high temperatures while the northern portion, boarding Georgia, has more seasonal weather. On average though, the high is around 83°F and the low around 73°F.
Various Fun Activities
Retirement means having extra time to do fun activities, right? Well, Florida has plenty of activities. Boasting over 1,000 golf courses throughout the state, retirees can spend their day playing an 18-hole course or simply stoping by the driving range. Retirees can take advantage of the boating and fishing opportunities as well. Deep sea fishing can be an exciting opportunity to catch goliath grouper, marlin, mahi-mahi, or red snapper. Lastly, do not forget about the Florida beaches, which are great for walking, swimming, snorkeling, or reading a book in the sunshine.
Cost of Living
Compared to states with higher prices of living, Florida can be very affordable. The cost will fluctuate depending on your preference to live on the coast verse inland. For example, housing prices in Daytona Beach and Gainsville range between $200k – $300k.
Taxes
One of the financial benefits of moving to Florida are the lower-than-average taxes. Florida does not have a state income tax. There are only 9 states that do not levy state income taxes. In the long run, the savings truly add up. Florida does not have estate tax or inheritance tax either. Meaning that once individuals establish residency in Florida and withdraw from their retirement savings account, it will go untaxed.
Popular Destination
Bring on the visitors! Since Florida offers a variety of tourist attractions, family members and friends love to visit while seeing their loved ones. Disney is a great attraction for families offering day-long extravaganzas. While a variety of cruise lines leave from the ports across Florida, offering a quick vacation getaway. Plus, don’t forget about the beaches!
Designated Retirement Communities
Beginning in the early 1960s, developers started creating communities for retirees over 55-years old. These retirement communities gained popularity due to their resort-style amenities, varying floor plans, active adult-based activities, and the opportunities to meet like-minded individuals.
One option for retirement communities in Florida includes single family homes and villas. The communities are setup similar to neighborhoods and residents are often seen driving around on golf carts. While other retirement communities are setup similar to condos with a 24-hour concierge, valet parking, and housekeeping. Retirees are often able to find a retirement community that meets their needs with a little time and research.
So if you’re wondering what Florida is like, go ahead and visit! There are plenty of snowbirds that reside in Florida during the cold months and return to their home states after. Plus, once you fall in love with the state, make sure to check our Florida listings to find the waterfront home of your dreams.