Retirement grants those working professionals who’ve spent a lifetime scaling the corporate ladder the opportunity to kick back, relax, and invest in the hobbies they’ve neglected in the interest of their ambitious career goals. Not surprisingly, copious amounts of leisure time can send seniors into a state of shock, as retirees scramble to redefine their life purpose and settle into their slow-paced routines.
While initially unsettling, these long-awaited retirement years can help seniors reimagine their picture-perfect day. In some cases, this process of rearranging priorities and reclaiming control over one’s daily routine may involve a change of scenery. Not sure if packing your bags and hitting the road is the best way to spend your retirement fund?
If current living costs and taxes are high, relocating for retirement could be hugely beneficial, but not all retirees choose to move for financial reasons. Regardless of your reason for moving after retirement, there are a few factors to consider: taxes, insurance, living costs, cost/quality of healthcare, and proximity to friends and family. With these finer details in mind, gathering insider information and visiting your new place of residence before making the big move are essential steps in the relocation process.
For retirees ready to take the plunge, consider researching car shipping to streamline the moving process. Are you still deciding where to move after retiring? Many retirees elect to settle down in Florida, and for more reasons than one might think.
There’s a reason Florida outsiders and locals alike refer to this tropical region as the “Sunshine State,” given that there’s an average of 230 days of sunshine a year. Summers are warm, and winters are mild, meaning no more snow shoveling or winter blues.
Outdoor activities galore
For retirees hoping to live an active lifestyle and spend time outdoors, Florida is ideal. The weather makes year-round outdoor activity possible, and there are endless ways to enjoy the national parks and miles upon miles of beaches. Whether hiking, biking, running, surfing, swimming, golfing, or fishing, Florida is chock-full of opportunities to stay active and enjoy nature.
Florida has no state income tax, nor does the state tax retirement income, meaning more of your income stays in your pocket. Social security benefits are not taxed, and there are no estate or inheritance taxes, either. As a bonus, Florida’s property taxes are relatively low, making The Sunshine State an excellent option for retirees looking to save money.
Many seniors feel a sense of home and community in Florida with fellow elderly couples within walking distance. In fact, there are communities specifically for adults over fifty-five, so a retired Florida transplant can easily make friends and be engaged in a community of others in similar phases of life.
Since it has the highest percentage of residents over age 65 in the United States, Florida boasts top-notch geriatric care, in addition to general healthcare. There are renowned medical facilities across the state and a multitude of senior-specific care facilities and communities. Having access to quality medical care and assistance takes stress off retirees’ shoulders in Florida and their loved ones.
The sunshine state is famous for its climate and culture but has also gained a reputation as a post-retirement hub. Whether you’re a senior who requires full-time care or a new retiree looking to maintain an active lifestyle and explore The Sunshine State’s sandy beaches and crystal-clear ocean fronts, moving to Florida is an excellent use of your golden years.