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Here are the top four reasons Florida is no longer the No. 1 state for retirees to call their forever home. Increased Cost of Insurance If you want a spot by the Florida beach, you’re going to ...
This means you could end up paying even more in property taxes if you move to Florida. ... 7 Reasons You Might Not Want To Retire in Florida. Show comments. Advertisement. Advertisement.
Florida’s reputation as the Grand Poobah of retirement destinations has taken some hits lately. Consider the latest rankings from Seniorly, a senior living website. The Sunshine State ranked No ...
In just half a decade, the median price of a single-family house in Florida rose $150,000, or 60%. According to Redfin, the average cost of a home in March 2018 was approximately $250,000. In July ...
In fact, Florida is by far one of the top states in the country in terms of the net number of retirees who move there. Find Out: 5 Key Signs You Should Switch Banks in Retirement
Here’s why Florida is not the ideal retirement location if you have the funds to move elsewhere. High Insurance Costs and Climate Risks Florida has hurricanes.
“The average home premium in Florida is about $6,000,” Mark Friedlander, spokesperson for the Insurance Information Institute, told WPLG Local 10 in June. “That is nearly four times the U.S ...
Florida is increasingly appealing to international boomers—Orlando attracted 2,100 more overseas boomers in 2023, while Cape Coral reeled in over 1,200. It’s not just Florida.