Why do so many people retire to Florida?

By Last Updated: February 6, 2024
retire to florida

Florida, often affectionately referred to as the “Sunshine State,” is a top destination for retirees from all over the United States and even beyond. But what exactly makes Florida such a draw? Here are some of the factors that contribute to Florida’s popularity among retirees.


Perhaps the most obvious reason is the climate. Florida boasts a pretty tropical climate, depending on where you are in the state. This means warmer winters and plenty of sunshine year-round. For retirees who have spent decades dealing with snow, ice, and cold weather, Florida’s warm climate is a welcomed change. The state’s average temperature is a comfortable 70-90 degrees, making outdoor activities possible and enjoyable any time of the year.

Tax Benefits

Florida is one of the few states in the US that doesn’t have a personal income tax. This includes retirement income like Social Security benefits, pension income, and income from an IRA or 401(k). Additionally, Florida’s property taxes are relatively low compared to other states in the Southeast, and there is also no estate tax or inheritance tax, making it financially attractive for retirees. These tax savings can add up during your retirement years.

Cost of Living

While not the cheapest in the nation, Florida’s cost of living is generally considered reasonable, especially when compared to other popular retirement destinations. Housing costs vary widely depending on the area, but there are plenty of affordable options, especially in smaller towns and communities designed specifically for retirees.


As people age, access to quality healthcare becomes more important. Florida is home to some of the nation’s top hospitals and healthcare facilities, many of which specialize in geriatrics and offer state-of-the-art medical technologies and services. The amount of quality healthcare options nearby can help provide peace of mind as people age.

Active Lifestyle

Florida’s landscape and climate encourage an active lifestyle. Golf is a major draw to Florida, with the state boasting more golf courses than any other state in the US. Besides golf, there are endless opportunities for fishing, boating, swimming, and beach activities. For those who prefer land-based exercise, there are numerous parks, walking trails, and nature reserves to help sustain an active life. Florida also has a habitat perfect for bird watching and outdoor photography.


Florida’s popularity among retirees has created a strong sense of community, especially in areas with a high concentration of retirement communities. These communities often offer a wide range of activities and clubs, providing opportunities for socializing and making new friends. Additionally, Florida’s diverse population means that retirees from all walks of life can find a comfortable and welcoming place to call home.

Should you retire to Florida?

This depends on your personal preferences, lifestyle, and priorities. If a warmer climate and a plethora of social and recreational activities align with your vision of retirement, then Florida could be an excellent choice for you. On the other hand, it’s important to consider factors like how close you will be to family and friends, and your financial situation. Florida’s popularity also means some areas can be quite crowded, especially during the tourist season, which might not appeal to everyone. It’s crucial to weigh the pros and cons against your individual needs and circumstances to see if retiring to Florida is the best option for you.

Have more questions? Contact Us

Casey Smith
President, Wiser Wealth Management

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