Are you considering retiring and looking for an ideal place to spend the rest of your days? If you are, then we suggest you consider Miami, Florida. Florida is one of the most attractive states to retirees due to its striking qualities and beautiful weather all year round.
There are many reasons why people consider a Florida retirement. And in this article, we will expound on the top eight reasons you should consider retiring in Miami. These include:
Miami Has Great Weather
Experiencing warm, sunny weather is one of the greatest attractions for retirees to Miami. Additionally, this type of weather is excellent for people looking to retire for many reasons. The first reason is that it alleviates health problems such as arthritis and certain respiratory issues that are often made worse due to cold weather.
Thanks to sunny and warm weather throughout the year, you can wave your health problems goodbye once you move to Miami. Most people think that Miami’s weather is too hot and unbearable. However, the warm, sunny days are often comfortable, pleasant, and balmy. The average temperature to expect all year round is between 68-84 degrees Fahrenheit.
Another major reason to move to Miami is that it has the warmest and most comfortable winter weather across the country. This makes it the perfect city for people looking to retire. It’s also ideal for individuals suffering from joint disorders such as arthritis that are often worse during cold winter months.
There Are Many Retirees in Miami
Miami is an irregular city. That’s because it’s a party haven for people in their 20s looking for an ideal spring-break destination. On the other hand, Miami also attracts a lot of retirees and people over 60 years old.
Thanks to its unbeatable warm weather, booming nightlife, countless recreational and cultural opportunities, it’s not difficult to see Miami’s charm and appeal. According to the 2010 Census, over 17.3% of people living in Florida are retirees aged 65 years and above.
Everyone wants to feel like they belong. As a retiree, there are no better people to live with than other retirees. They will understand what you are going through and help you live the best life in your golden years. When you live with individuals going through the same struggles, it makes you feel at home, giving you a sense of belonging.
Thanks to the high population of retirees in Miami, finding new friends and getting a new hobby will be easier. You can share memories, create new ones, help each other through difficult times and make the retirement process easier.
It’s Easy to Access Miami From Anywhere
The Miami International Airport (MIA) is the biggest in Miami. With over 80 airlines operating from MIA, it also connects Miami with the rest of the country. If you want to travel from Miami to any airport in the US to see your children, visit family, or take a vacation, all you need to do is get to the airport.
Thanks to these airlines, accessibility to the other 49 states and all five American territories is possible. You can also access over ten cities across the world through the Miami International Airport.
Getting to Miami from another state is also very easy. Therefore, your family, friends, and relatives can visit you wherever they want.
Miami Has Affordable Homes
With lower housing prices, Miami is one of the best cities to move to as a retiree. Purchasing a retirement house in Miami is one of the best things you can do to make your golden years enjoyable and full of life.
Thanks to the Homestead Exemption for older people and senior citizens, purchasing a home in Miami for retirement is very affordable. The Homestead Exemption is a property tax exemption that makes it affordable and easy for senior citizens to purchase homes in Miami.
The law allows for senior citizens to get tax exemptions for buying houses priced below $250,000. This is great for low-income people who are looking to retire. Apart from the tax exemption, the Miami real estate market has very affordable homes. The average price of a two-bedroom home is $150,000, while the median price of a three-bedroom home is around $200,000.
If you’re looking to purchase a real estate property, check out miami.manhattanmiami.com for affordable retirement homes.
There are Numerous Entertainment Options
Miami is full of both nighttime and daytime entertainment options. Depending on your choice of entertainment and preferences, you can visit theaters, parks, nightclubs, beautiful sandy beaches, and shopping malls. If you like learning about architecture and history, the city has numerous venues you can visit you quench your thirst for education.
If you want to get healthy, there are numerous gym options to select depending on the area you choose to settle. You can find a fitness center near you to help you meet your fitness goals. Alternatively, you can hire a bike and ride across town, exploring different areas of the town.
Low Cost of Living and Reduced Taxes
There are many reasons why the cost of living in Miami is considered among the lowest in the country. That’s because the transportation, taxes, and healthcare costs are lower than in many other states across the country. The median cost of living in Miami is lower than the country’s national average.
According to Miami’s taxation laws, individuals don’t pay income tax. This means that your 401(K) will not be taxed, giving you more spending power. Unfortunately, most people don’t know that the 401(K) is taxed even during retirement in some states. Another benefit worth noting is that there is no inheritance and estate taxes in Miami.
Great Healthcare System
Do you know that Miami has some of the greatest hospitals in the U.S? Some top medical facilities located in Miami include Baptist Hospital, Mount Sinai Medical Centre, and Miami Jackson Memorial Hospital.
Healthcare in Miami is top quality whether you need general healthcare or specialized care. Florida is also known for its reasonably-priced nursing service and in-home health care options. The state was ranked number eight for offering the country’s lowest-cost nursing and in-home healthcare services.
The healthcare in Miami is great for someone looking to retire. That’s because you will have great medical services in case you need them.
The city of Miami is considered one of the most walkable communities around. In fact, Miami has consistently been ranked in the top 10 most walkable cities in America since 2011 by the Walk Score’s annual ranking. In 2015, the city of Miami ranked number five as the most walkable city in the U.S.
The city was placed three spots higher than the past year’s rank. When ranking how walkable a city is, Walk Score considers how pedestrian-friendly the city is, its walking routes, population, depth of choice, and neighborhood data. Walk Score rank only ranks cities with a population of over 300,000 people.
Neighborhoods such as the Design District and Wynwood are a delight to walk around and explore. That’s because they have grown in the past years, with new entertainment centers and dining places mushrooming over time. Additionally, other areas such as South Beach are very walkable, becoming even more enticing to people looking to lead a healthy, peaceful, and quiet retirement life.
There are Active Adult Communities (AAC)
Throughout Florida, there are numerous Active Adult Communities that accommodate retirees and cater to them. These communities offer numerous amenities and varied services to retirees. They can also help you feel like you’re part of something big, giving you comfort that you belong to a caring group of people.
Most of these Active Adult Communities are located in the Miami area. For example, Lennar Active Adult Communities is an award-winning AAC that has helped build active adult and retirement homes across 18 states. They also build state-of-the-art hobby rooms, clubs, and fitness centers, as well as host community events for retirees and other individuals.
The truth is, joining an Active Adult Community can give meaning to your retirement years. It can also be quite exciting and joyful, giving you an experience of a lifetime.
Who doesn’t love the beach? The feeling of sand on your feet, basking in the sun, and surfing the waves can be very intoxicating. If you enjoy warm sunny weather paired with the cool breeze from the ocean, then Miami is the best place for you to retire.
Depending on where you live, the beach can be a few minutes drive or a short walk from your house. Thanks to the fact that Miami is situated at the tip of Florida, you will have many beach options near your home.
Are You Considering a Florida Retirement?
Florida is one of the best states for retirees to spend their golden years. If you’re considering a Florida retirement, you should opt for settling in Miami. Thanks to its unbeatable weather, beautiful sandy beaches, recreational facilities, and a mixture of cultures, Miami is the best city for retirement.
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