Florida is growing. Here is what that means for you

Florida is growing. Here is what that means for you

If you can recall the Florida of the 1950s, you remember a small-population state with only three urban areas that could be called “cities.” Miami, Tampa-St Petersburg and Jacksonville have now been joined by fast-growing communities like Orlando, Ft Lauderdale, Ocala and Kissimmee. For decades, our state’s growth has seemed phenomenal, beyond reasonable expectations. Many people have predicted that this growth would slow or end, but that is not happening. The pandemic of 2020 has actually sped this trend. From July 2019 to July 2020, Florida is estimated to have added 241,256 new residents. Some estimates project state population to reach 26 million by the year 2030. This would make the state of Florida bigger than the nation of Australia. What does this mean for the current and future senior residents of the Sunshine State? To begin, seniors cannot complain too much about Florida’s growth without seeming hypocritical. After all, retirees and seniors account for a big part of that trend. Florida...
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Want to move to Florida? Here are 10 reasons why you should

Want to move to Florida? Here are 10 reasons why you should

Florida has recently passed New York to become the 3rd largest population state in the United States. The state’s influx of retirees has had a great deal to do with this growth. By 2020, the Census Bureau estimates that 20% of Florida’s population will be 65 or older! This is not surprising. The internet and print media are full of articles describing the advantages of moving a retiree (and their assets) to Florida. It is a retiree-friendly state in every way. Some of the reasons for retirees to relocate to Florida may be frivolous, or at least not essential, but many are very solid economic decisions. Retiring to Florida can be a wise part of a senior lifestyle transition. Here are 10 of the best reasons for retirees to make the move to Florida. There is no state income tax in Florida. Only nine states do not collect income taxes from their residents, Florida being one. If you are receiving retirement income...
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