BEST FLORIDA 55 PLUS RETIREMENT CONDO DEALS
BEST FLORIDA 55 PLUS RETIREMENT CONDO DEALS
Florida is one of the best retirement destinations for seniors, offering a variety of lifestyle options
- Climate:
Florida is the most south-eastern state in the United States of America. The state’s official nickname is the “Sunshine State.
Florida’s warm weather year-round, abundant sunshine, miles of beautiful beaches and countless golf courses draw thousands of tourists and retirees every year. The tropical lifestyle, incredible weather and low cost of living are not the only reasons why such a large number of retirees moving to Florida every month.
The Florida Retirement Tax Friendliness is an equally large factor for those seeking a low tax burden in retirement.
- Tax Benefits:
Florida has no state income tax, which means Social Security retirement benefits, pension income and income from an IRA or a 401(k) are all untaxed. Florida has no estate or inheritance tax. Property and sales tax rates are close to the national averages. Most income-tax-free states make up for the lost revenue with high taxes on property, Florida’s sales and property tax rates are close to the national average.
- Florida homestead exemption:
Florida’s homestead exemption is available to Florida homeowners and can be applied toward their principal residence. It exempts $25,000 of a home’s assessed value from school district property taxes and $50,000 for all other types of property tax.
Depending on your local property tax rate, the homestead exemption could mean hundreds of dollars in tax savings per year. In some Florida counties, senior citizens age 65 and over could qualify for an additional homestead exemption of up to $50,000.
In fact, some counties or municipalities may allow senior citizens with income below a certain level to exempt the entire value of their property from taxes. Contact your local board of county commissioners or municipal government to see if you might be eligible.
- Lower Cost of Living:
Cost of living is a crucial factor for retirement planning. It’s cheaper to live in Florida than most of the Mid-Atlantic and Northeast states. Everything cost less in Florida, including real estate, food and energy. Florida’s below-average living costs could make a real difference to your monthly budget, if you are on a fixed income. If your overall cost of living can be lower, you could do other things with your money like travel, entertainment or helping your family.
Although it may not be the absolute cheapest place to live, it certainly is not expensive.
- A year-round activities to enjoy:
The Sunshine state has so much to offer tourists and residents. Golf, water sports, fishing, boating, biking, walking, running.
In Florida, you can keep up your active lifestyle year round. Floridians go for a walk on the beach or a dip in the pool in December. Florida is a naturally beautiful place and its residents can enjoy being outdoors in nature and experience it’s beauty all year long.
- A Vacation Destination:
Florida is the theme park capital of the world, providing a bounty of entertainment for all ages.
From Disney World to Tampa’s Busch Gardens, Islands of Adventure, Busch Gardens, Legoland, Universal Studios and Sea World, Harry Potter and many others each park has something unique to offer within driving distance.
These theme parks offer rides, shows, restaurants, shops, and fun for the entire family. With all these amazing theme parks and attractions for kids and adults, Florida is the most family friendly vacation place on earth.
These theme parks in Florida are year-round attractions thanks to Florida’s great weather. Florida residents receive discounts to acclaimed local attractions.
- Wide Range of Active Adult Communities:
If you prefer to live an entire community of neighbors of a certain age, Florida have plenty of 55 plus Active Adult Communities.
Active Adult Communities offers all the amenities and services that you might want at this point in your life. Many retirement communities even have dining rooms with meals included and planned social activities. In Florida, Active Adult Communities are social clubs for people who wants step away from the pressures of daily life.
- Easy Travel by Plane or Train:
Whether traveling to visit friends and family or taking a lifetime vacation, you are always close to airports, both domestic and international. There are direct flights to many U.S. locations, as well as an abundance of accessible international airports in Fort Myers, Tampa, Miami, Fort Lauderdale, West Palm Beach, Daytona, Key West, Melbourne, Orlando, Sarasota, St. Petersburg and Jacksonville
Three of Amtrak’s 10 busiest long-distance routes serve Florida. Regional and local lines offer greener alternatives to driving, including just opened Brightline high-speed trains connecting Miami, Fort Lauderdale, West Palm Beach, and Orlando along a 235-mile route.
- Health Care Access:
The good news about moving and retiring in Florida is that there are a tremendous amount of health care options and services specifically designed for senior citizens. There are a lot of top doctors as well as numerous highly ranked hospitals like Cleveland Clinic in Weston and West Palm Beach, the Mayo Clinic in Jacksonville, Florida Hospital in Orlando, Tampa General Hospital and Moffitt Cancer Center in Tampa, Shands Jacksonville Medical Center, Sarasota Memorial Hospital, and University of Miami-Jackson Memorial Medical Center offering newest treatments and high quality care.
- Improve Your Social Life:
You are never Too Old to Find New Friends. Now that you are retired and your children left home, this could be your chance to relax and enjoy yourself.
There is a groups like Meetup for individual seniors and senior couples to meet other active seniors, create friendships, fun and exciting activities.
Florida’s senior centers offer programs and services for older individuals in five main categories: health, social, nutritional, educational and recreational. Senior centers connecting older individuals to vital community services that can help them stay healthy and independent. Most have a variety of classes, activities and even trips. You’ll find dozens, even hundreds, of groups in your area, focusing on everything from animals to Zen meditation…
Many Florida retirees are new to the area, so there will be plenty of people looking to meet up with new friends for lunch, bowling, breakfast, coffee, parties, games, movies, book club, drinks and etc.
Retire in Florida and exiting lifestyle filled with activities and social events you’ve been dreaming of can be yours!