Why is Florida Among the Best States for Retirement Income?
Florida is considered among the best states for retirement income because of its:
- Tax-friendly policies
- Low cost of living
- Overall affordability
In Florida, there are no state taxes on retirement income – this includes everything from pensions to social security, IRAs and 401(k) withdrawals. The Sunshine State also does not tax estate or inheritance money.
Florida offers extensive senior living options, and many in affordable communities. Florida is also known for its senior-focused healthcare infrastructure, with many top-rated hospitals and specialists.
Having access to care and amenities is very important. More and more people are finding their best retirement in a continuing care retirement community (CCRC) for financial stability and peace of mind. Acts Retirement-Life Communities operate more than 28 communities in nine states, including Florida. Unlike a traditional 55+ community, residents prepay for all their health needs in today’s dollars, which means a one-time entrance fee and predictable monthly fee that encompasses everything needed now and in the future, with access to assisted living, rehabilitation and skilled care should any needs change.
An Acts continuing care retirement community in Florida is one of the best choices you can make to live your retirement years exactly as you always dreamed.
Here is information on several Florida campuses: