1. Plenty of Sunshine
by Admin
Posted on 04-07-2023 02:20 PM
1. Make the most of your retirement savings. In florida, the state constitution prohibits a state income tax. If you choose to continue your career or have a part-time job, you’ll have more take-home pay, and the state sales tax is just 6%. There’s also no state tax on social security benefits, retirement income from iras, 401(k)s, or private and public pensions.
Plus, permanent residents are eligible for a homestead exemption of up to $50,000, which could help lower your real estate taxes. 2. The weather here is quite delightful. Florida is called the sunshine state for a reason, and clearwater is a perfect example of how spectacular the weather can be.
- national rank: 49th best place to retire - population: 2,115 located on a barrier island between clearwater beach and st. Pete beach, redington shores is one of the quieter and less touristy areas in this semi-tropical zone. With 360 days of sunshine each year, residents will have plenty of opportunity to get outside and enjoy all of the stunning beaches, fishing, and boating the area has to offer. C. M. H. Studios // shutterstock.
2. Tax Breaks for the Retirees
From tax breaks to endless sunshine, there are a lot of retirees in florida, so you'll have the opportunity to make like-minded friends. Some people will prefer the low-maintenance lifestyle of 55 and older communities, such as the watermark at west palm beach, while others might be interested in master-planned communities for all ages.
The master-planned communities, such as lakewood ranch or aria in venice, florida, typically offer luxury amenities like clubhouses, golf courses, and swimming pools. Whether you settle in a retirement community, a condo building, or single family home, there’s a good chance you’ll find friends in an active adult community.
Along the southern gulf coast of florida is sarasota —home to some of america’s best beaches, like siesta key beach. Sarasota consistently holds the top spots for places to live in florida on many “best places” lists. The water is clear and warm, and the sand is so soft and white you’ll feel like you’re sinking your toes into powdered sugar (just don’t sprinkle any on your french toast). Sarasota is an ideal place to hang your hat if you’re looking for a good life after your well-earned retirement. The median resident age of the sarasota metro area is 54, so the population is made up of lots of retirees.
Florida is an iconic retirement destination with abundant attractions and outdoor activities. Drawn by great weather, unbeatable golf courses, swaying palm trees and white sand beaches, retirees love the simultaneously exciting, active, and relaxing lifestyle perks that florida has to offer residents. Thinking of an appealing yet reasonable destination where you can enjoy your golden years? consider starting the next chapter of your life in the sunshine state. With the amazing amenities geared towards retirees, it’s no wonder that some of the best cities to retire in america are in florida.
With more than 1/5 of the population over age 60, pensacola is the perfect city to kick off your retirement! close proximity to the gulf of mexico (combined with affordable housing) means you’ll have your toes in those white sand beaches in no time. Pensacola is the happy medium between “big city” and “small town,” with a walkable downtown area that hosts a weekly farmer’s market. Another perk of this laidback beach town? the cost of living is 5% lower than the national average. According to market watch , you can live comfortably in pensacola with only $40k/year.