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As major Florida cities like Miami continue to grapple with the ever-increasing cost of living expenses, some retirees may question if it's in their best financial interests to retire in Florida.
Florida has long been known as a haven for retirees, and for good reason. The southernmost state in the continental U.S. offers 237 days of sunshine per year vs. the nationwide average of 205 ...
Ken H. Johnson, an economist at Florida Atlantic University, attributes this growth to retirees being priced out of South Florida. “It’s more affordable,” the couple’s real estate agent ...
Housing costs continue to strain the budgets of Florida retirees who, judging by recent data from Redfin, should be seeing lower home prices. The supply of homes for sale was on the rise as of ...
“South Dakota has a low cost of living and high health care quality, making it ideal for retirees,” said Dixon. “The state also has a favorable tax structure for retirees and a strong sense ...
However, retirement planning experts say other states may be even better for retirement living. Check Out: 4 States Retirees Are Moving to in 2024 That Aren’t Arizona or Florida
Top 5 States To Retire (Besides Florida) Of course, Florida is still high on retirees’ lists, with 27% of respondents choosing it as their ideal retirement state in the South.
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