Retirement in Florida

Overview

 

An active life after retirement can always be yours. Retirement homes in Florida offer the ideal opportunity to enjoy life after retirement to the fullest. Engage yourself in a range of sporting activities from football to ice hockey or spend a quite time at the beach in Bahia Honda. Florida offers a range of activities to indulge in, during your years after retirement. Popularly known as the sunshine state, Florida is sure to add excitement to your post retirement years.

Florida, in the southeastern region of the United States, has become a favorite place for seniors who plan to retire. The state has 663 miles of sandy beaches and a 11,000 mile network of rivers, streams & waterways –ideal for exploration! Low taxes and a moderate cost of living are the major attractions for retirees to settle here.

 

Florida – at a Glance

Population Climate State Income Tax State Sales Tax Median Home Price
Approximately 18.25 million Mostly humid subtropical climate with a tropical climate in southern Florida 6% None $321,101

 

Pros:Earthquakes are rare and snowfall in Florida is quite uncommon. Florida charges very low taxes from the residents

Cons:Florida is the most hurricane-prone state in the US. Traffic is one of the major concerns of the citizens of this state.

 

Cost of Living:

 

The above table shows the percentage fluctuations in expenditures incurred in Florida, as compared to the nation's average, which is taken as 100%.

 

As reflected in the bar-graph, the cost of groceries, transportation and health care are just above the US average. This is a clear indication that even if you have saved up little fortune you can easily plan to settle down. Although the cost of housing is bit high, you can get a good bargain in the outskirts of Florida.