If you need assistance, please call 954-661-1969

Best Place to Retire in 2021? You Guessed It - Florida!

Wednesday, February 10, 2021   /   by Bridget Bass

Best Place to Retire in 2021? You Guessed It - Florida!

Florida has an historic reputation of being a perfect place for retirement. Hundreds of thousands of people have moved to Florida to retire in this subtropical paradise, especially from Northeastern states like New York, Connecticut, and New Jersey. But the climate isn't the only thing bringing flocks of retirees to FL. In a recent study by WalletHub, Florida was ranked the #1 state to retire in based on a comparison of  all 50 states across 45 key indicators that measured affordability, health-care systems, and overall quality of life.


     FLORIDA.png
Source: WalletHub


You don't need an in depth analysis to see why Florida has remained the most popular retirement destination in the country. For starters, it's nicknamed "The Sunshine State". Florida residents experience beautiful weather year-round with winter temperatures around 50° Fahrenheit and over 230 days of sunshine compared to the national average of 205, that's almost an extra month of sunny days! That means no matter where you choose to retire in Florida, you can enjoy the great outdoors all year round. And you will certainly never need a snow shovel!

In WalletHub's study, Florida ranked among the top 5 states in affordability due to the state's low adjusted cost of living and remarkable retired taxpayer-friendliness. Retiring in Florida means you will get to keep more of your retirement income. There is no state income tax in Florida, the state does not tax retirement income or social security benefits, no estate or inheritance taxes, and property taxes are reasonable compared to other states.

With the second-highest proportion of population over age 65, Florida's healthcare system must be equipped to care for a large aging population. WalletHub's study ranked Florida health care #28 in the nation based on considerations of COVID-19 cases, number of doctors and nurses per capita, number and quality of top-rated geriatric hospitals, and overall well-being of population aged 65 and older. 

When you think of Florida you picture white-sand beaches, luxury boats, palm trees, golf courses, probably Disney World. All of these activities contribute to Florida's quality of life ranking coming in at #6. Other considerations included Florida's social scene for retirees, endless opportunities to get active and be outdoors at places like the Everglades National Park, Crystal River, and the Florida Keys, the amount of active 55+ communities, etc. 

If you haven’t yet, start your South Florida home search today. At Premier Listings, we are relocation experts. We are eager to guide your transition to retirement in the nation's sunshine state.

  south florida real estate, premier listings, boca raton real estate, florida real estate market, jordana tobel, south florida listings, lowest retirement taxes, moving to florida, reasons to retire in florida, retire in florida, retirement

Premier Listings
844 - 521 - S O L D
134 NE 1st Ave
Delray Beach, FL 33444
954-661-1969

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
This site powered by CINC: www.cincpro.com