South Florida – home to beautiful beaches, and one of the largest retirement communities in the United States. South Florida in-home care and tax state income tax laws are among other reasons seniors prefer to grow old in Florida. Cities like Miami, Ft. Lauderdale, and West Palm Beach have been consistently ranked as the best places to grow old for a number of reasons.
Here are the top three reasons seniors choose Florida to spend their golden years:
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South Florida has one of the best living environments for seniors and retirees.
The most obvious reason seniors flock to South Florida is for the year-round warmer climate. After all, Florida is known as the Sunshine State and what better way to spend your retired years than under the palm trees and by the Atlantic shoreline on the beach.
With South Florida being one of the top destinations for seniors, it also means it has one of the largest senior communities in the country. Florida’s 65 and older population is anticipated to grow by 52.1 percent over the next two decades from 4.4 to 6.7 million elderly residents. Having neighbors in the same age range and similar living situations (in combination with great weather) is what makes growing old in South Florida so popular among the elderly.
Not to mention the weather makes it pleasant for walks, visits to the beach, and quiet escapes to beautiful lakes and parks. For dads and moms suffering from Alzheimer’s, Parkinson’s, or even severe Arthritis, the weather came to make it easier to cope with disease due to its warm weather year round.
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Florida has no state income tax or Social Security tax.
Aside from South Florida in-home care services, one of the not-so-obvious reasons South Florida is attractive to older individuals is for the lack of state income tax and Social Security tax. Florida is one of seven states to not mandate a state income tax, so retirees can hold on to more of their money and enjoy life with more financial comfort. Similarly, retirees are exempt from taxation on their pensions, 401(k)s, retirement accounts, and even Social Security benefits.
This is a huge benefit to seniors who choose to live in their own home and who rely on retirement savings to cover everyday living expenses. Less money spent on taxes means more money to spend on maintaining your wellbeing at an older age such as South Florida in-home care, recreation, and even a savings account for the family’s future. These are the things that can have an enormous impact on a seniors health and well being, all while helping them maintain the comfort of their own home, which is just another reason why South Florida is a top destination to grow old.
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South Florida in-home care and therapy centers are growing.
Business is all about supply and demand, and with Florida housing, the largest senior citizen community on the East Coast, health care providers are growing quickly as a result. One of the fastest growing home care assistance agencies covering South Florida’s tri-county area is Mind and Mobility. They have a focus on helping seniors grow old in their homes, otherwise known as aging in place. They’ve developed a method that works in helping aging individuals balance key parts of their life by providing health care at home, as opposed to offering assisted living or nursing home.
Mind and Mobility Home Care and Therapy Centers are located in every major market in Florida and are a leader in South Florida in-home care, with locations including Miami, Ft. Lauderdale, Boca Raton, and West Palm Beach. The Mind and Mobility approach to elder care is aimed at helping seniors receive the quality care they need with the comfort of knowing they don’t have to leave the place they love the most, home.
Whether someone you know has a goal to thrive in retirement, achieve financial security, or maintain their health while living in the comfort of their own home, South Florida in-home care can help meet those needs.
Are you or a loved one already living the dream and reside in the South Florida area? Ever wondered: “Are there home care agencies near me and do they accept Medicare?” The answer is yes. Call Mind and Mobility, or visit our contact page to request a free consultation.