Whenever I fantasize about how cool it would be to retire – the first thing that pops to my mind is Florida. Logical, yeah? Indeed it is. Florida is a dream place, especially if you are retired and wish to take it all in. Of course, if you are living in Florida without being retired, you might not have all the time in the world to absorb the place. And this is understandable. However, we will not focus on that type of a lifestyle. At least not in this article. But, if we are to discuss retiring in Florida we have to discuss Florida housing solutions for retirees.
What are they like? Are they expensive? Hard to find? Is it worth the trouble of finding such solutions? Finding Florida housing solutions for retirees is no mission impossible. However, it does have a few tricks to it if you have your heart set on this heaven on Earth. The place is, without a doubt, dreamy. It has the perfect climate, the ocean… It has all the things you would want to enjoy in your retirement. I see no better place. But that may be just me.
There is a certain number of factors when looking to find a place to retire in. Like places to live or which long distance movers Florida to hire. Florida might be a good choice in some way, but on the other hand, there may be better solutions. Still, this glorious state will amuse most of the tastes.
Florida housing solutions for retirees – the important stuff
Well, even though we will discuss Florida in a few different aspects, we will try to focus on housing as much as possible. When speaking of housing, several things may come to mind at first. Initially, the first thing people might be looking at is the price. Also, they will be looking at the position of the house (i.e. will be closer to some of the big cities, or somewhere in the countryside). All of these are highly relevant factors. Many will refer to them when making such a decision.
Aside from housing people will look at the climate and cost of living. All of these factors combined will make it or break it when you start considering whether you should retire in Florida.
There are a few things you need to understand about Florida housing solutions for retirees before you consider moving here. The thing is most people who never went to Florida picture it as a place with beaches and Disneyworld.
To an extent, this is correct. These are the most relevant facts about Florida, in a very huge nutshell. However, this is far from everything that Florida has to offer. We will go into some more detail about what actually makes Florida what it is. What are the elements that define living in Florida, be it that you are retired or going to high school.
The climate is not always absolutely sunny
Even though most of the time it is. Still, you need to prepare for very, very rainy days. Considering the temperature and humidity, thunderstorms are quite a frequent phenomenon. They don’t call Florida the lightning capital of USA for nothing.
Furthermore, sadly, Florida is often on the hitlist of various hurricanes. From June 1st until November 30th is the Atlantic hurricane season, and this period of time is no joke. Especially if you are retired and wish to enjoy an uneventful year in this sense. For instance, the hurricane Irma caused over 50 billion dollars in damages in 2017. This was the moment where many retirees regretted their choice.
However, this is not the most relevant fact about Florida. It is something to keep in mind, but not the capital element in your decision. If it was like that, nobody would even live in Florida.
Taxes are low
When researching Florida housing solutions for retirees, every single effect that impacts your budget is relevant. The relevant part of Florida is the fact that taxes are quite low. You could end up saving a lot of money in taxes. Florida has been voted to be in the top 10 most tax-friendly states for retired people, considering the fact that it has no income tax.
This is huge! Furthermore, Florida has no inheritance tax nor does it have any estate tax. Imagine the amount of money you could save when choosing your retirement home, considering that no taxes will affect your decision. On top of that, you can easily calculate how much the move to Florida will cost you.
Your buying power has just jumped up!
Most importantly, housing prices are still affordable in Florida
Ok, housing is affordable. Florida housing solutions for retirees answered. Still, it has seen quite an increase in its price since the first quarter of 2017. Actually, almost a 10% increase in price.
But in spite of this increase, it is still affordable. How affordable? You can, of course, go ahead and find a very luxurious home for over a million dollars. But this is definitely not something most of us are looking for. And if you are, by any chance, you’re in the wrong article. You should read something much richer people read.
The normal price of homes in Florida is at an average of 250.000 dollars. This is expensive, one might say. But to retire in Florida – this price is actually decent. Looking at different locations in Florida, the price can go from 180.000 dollars up to 280.000 dollars. This is, of course, if you are looking at either being in Daytona Beach or Tampa. Huge difference in the quality of life, with the according to price difference that follows.
All in all, we are certain that you will find what you need in Florida. For everything else, movers Hollywood FL are at your entire disposition.
Best of luck!