Related Posts

Retirement Benefits in Florida: All the benefits you must know

Florida has more than 400 museums covering a wide range of subjects, including state history, eclectic and specialty collections

- Advertisement -

Retirement Benefits in Florida: If your primary reason for retiring to Florida is to enjoy its beautiful beaches, wave goodbye to snow, and pay state income taxes, you will be disappointed.

You can have as lively, busy, or leisurely a time as you want—all in the same day—in metro locations, rural rolling hills, metropolitan centres, and 55+ resort-style communities.

- Advertisement -

You’ll also retire with wonderful company. According to the U.S. Census Bureau, as of 2022, people 65 years of age or older accounted for approximately 22% of Florida’s 22 million population.

Money Talks News CEO and founder Stacy Johnson states, “I would never consider being anywhere else. I’ve lived in Florida for 20 years.” “I adore the closeness to the beach, the bike lanes, and the masses of amiable people who are my age but don’t know it!”

Retirement Benefits in Florida

Here are a few of the lesser-known factors that draw retirees to Florida.

1. Discounts on major attractions

Get into world-class theme parks and other attractions for a lot less money than visitors do. Additionally, you will not have to pay as much for hotels as visitors do.

Residents of Florida are eligible for discounted admission to Disney World, Universal Studios, Gastorland, and Disney Cruises.

Additionally, you can benefit from annual passes to SeaWorld, Busch Gardens, Legoland, and other sites.Senior discounts for one or two days as well as annual passes are available at the Kennedy Space Centre (image).

2. Nature exploration

In addition to the state’s 825 miles of white sand beaches, you may experience Florida’s natural splendour by kayaking through glistening springs or between islands, sailing, snorkelling, or hiking on the state’s more than 5,000 miles of trails.

Explore the 1.5 million acres of Everglades National Park (seen above) to see panthers, alligators, and manatees. You can also go fishing, boating, hiking, camping, and sightseeing on a guided tram tour. Six days a year, the park offers free entrance, annual pass packages, and savings for seniors.

3. Golf courses 

Get birdies on more than 1,300 courses that are dispersed around this year-round golfer’s paradise.

Seniors and locals can often receive discounts on courses, but you’ll need to verify with each one. Golf courses are a common amenity in 55+ communities. For instance, fifty golf courses are available to members of The Villages retirement community in Central Florida, and there are no greens fees.

The Players Championship is held annually at the TPC Sawgrass in Ponte Vedra Beach, one of the most prestigious golf courses in the world.

Tax Rates on Retirement Income: A Comprehensive Guide

4. Professional athletics

A big team’s home is seldom far from Florida sports fans, and most of them offer group and loyalty discount programmes that let you get game tickets at a reduced price. Senior groups and clubs are able to organise fan outings that frequently come with food packages and ticket reductions.

Three major league sports teams are based in the state: the Jacksonville Jaguars, Miami Dolphins, and Tampa Bay Buccaneers in NFL football; the Miami Marlins and Tampa Bay Rays in MLB baseball; the Miami Heat and Orlando Magic in NBA basketball; the Florida Panthers and Tampa Bay Lightning in NHL hockey; and the Inter Miami and Orlando City in Major League Soccer.

The Florida Grapefruit League spring training season features 15 MLB teams. Furthermore, you can watch players rehearse and play in more relaxed conditions than during regular season.

5. Culture and the arts

Florida has more than 400 museums covering a wide range of subjects, including state history, eclectic and specialty collections, art in various forms, and the life and times of Ernest Hemingway, who can be honoured at his home in Key West (shown) or by experiencing the history of Naval Aviation in Pensacola. Here you can search for them by city, area, or type of museum.

Pop artists such as Taylor Swift tour Florida, but you can also take in chamber music from Jacksonville Beach to Miami, Latin music, choral ensembles, symphony orchestras from Jacksonville to St. Petersburg and South Florida, and much more.

6. Eating

Whether you’re in the mood for a cheap eat or a budget-busting treat, staying true to the classics or trying something new, there are plenty of ways to fall in love with Florida’s flavours.

Key lime pie, Cuban sandwiches, and conch fritters are some of the classic delicacies.

Fresh seafood options, Southern comfort, Caribbean and Latin American flavours are all complemented by the state’s wealth of natural resources, historic history, and diverse population.

Remember to include in your diet fresh produce grown in Florida, such as tomatoes, bell peppers, oranges, grapefruits, and strawberries.

7. Cost-effectiveness

Although there aren’t always deals in Florida, if you retire there, your money will probably go a little farther.

A Florida home with an elderly owner makes about $50,000 per year, according to the state. In Orlando, Jacksonville, and Tampa, for instance, that’s more than enough to get by, according to GOBankingRates.

According to a Council for Community & Economic Research survey, median home expenses in Florida are somewhat higher than the national average, even though you can still find affordable housing there. Utilities, transportation, and medical expenses are less expensive, though.

When summing up the costs of electricity, natural gas, petrol and heating oil, WalletHub’s analysis revealed that Florida is among the states with the lowest energy consumption. And that’s even though the U.S. Energy Information Administration ranks Florida as the third-highest state for air conditioning use.

8. Sales tax benefits

The main tourism organisation of the Sunshine State, Visit Florida, estimates that the ratio of visitors to residents is about 6 to 1. Additionally, they contribute significantly to the state’s sales taxes, which helps to prevent residents’ tax burden from rising.

Although Florida has a 6% overall state sales tax, several counties impose an additional 1% to 1.5% surtax. However, according to the Tax Foundation, the total sales tax rates in nearly half of the states are greater.

In order to prepare for hurricane season, summertime outdoor activities and sports, and the purchase of back-to-school apparel, accessories, footwear, and supplies, Florida citizens are granted sales tax breaks. In addition, there are breaks for storm-resistant windows, garage doors, gas stoves and equipment.

9. Reduced real estate taxes

Property tax rates have an impact on everyone, whether you own or rent.

WalletHub and Rocket Mortgage’s rankings show Florida has lower property tax rates than half of all states.

Property owners or their dependents can receive a homestead exemption of up to $50,000 on the assessed value of their property. The assessed value of a property with the homestead exemption under Florida’s “Save Our Homes Benefit” cannot grow more than 3% a year, regardless of market fluctuations.

10. Well-being and health

Florida offers convenient access to healthcare thanks to its more than 200 hospitals and 57,000 doctors.

The Florida Department of Elder Affairs offers home and community-based services to seniors at risk of being placed in long-term care facilities. Ageing Outlook, a digital publication from the department, offers tools and advice.

U.S. News & World Reports ranked 101 Florida hospitals in terms of geriatric care. Based on patient satisfaction, staffing levels, survival rates, and other factors, the Jacksonville location of the Mayo Clinic was rated as the best in the state.

Tarique Anwer
Tarique Anwer
Tarique Anwer obtained his undergraduate degree from Aligarh Muslim University and his Master of Business Administration (MBA) from Annamalai University. He commenced his professional journey at Bank of America. He is an experienced Media professional with demonstrated expertise in news writing, content creation, and people management.

Popular Articles

We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. View more
Cookies settings
Privacy & Cookie policy
Privacy & Cookies policy
Cookie name Active
  1. General
  • (1.1.) Eduvast (“Eduvast”, “We”, “Our”, “Us”) is committed to the protection of personal information provided by the users (“You”,“Your”,“User”) to Eduvast. You agree that Your use of Eduvast implies Your consent to the collection, retention and use of Your personal information in accordance with the terms of this Privacy Policy (“Privacy Policy”).
  • (1.2.) We take the privacy of our Users seriously. We are committed to safeguarding the privacy of Users while providing personalized and valuable service.
  • (1.3.) While We do Our best to protect Your information, particularly with respect to the protection of Your personal data, Eduvast cannot ensure the security of Your data transmitted via the internet, telephone or any other networks.
  • (1.4.) Access to the contents available  is conditional upon Your acceptance of this Privacy Policy which should be read together with the End User License Agreement“EULA”.
  • (1.5.) If You do not agree to any of the provisions of this Privacy Policy or EULA, You should not download, install and use the App. We may revise, alter, add, amend or modify this Privacy Policy at any time by updating this privacy policy. By downloading, installing and/or using this App, You agree to be bound by any such alteration, amendment, addition or modification.
2. Information Collected Non Personal Information
  • (2.1.) We may collect non-personal information about You whenever You access or interact with Our Website or any of the related services. This includes but not limited to browser name, version, server location, device specific information such as the type of device used, users’ operating system and version, your mobile devices unique device ID, third party apps or App or service that referred users to App, language preference, means of connection to App, internet service providers, IP address, technical information, google advertising ID (GAID), IDFA, GAID Opt-out Status, location information, interaction of Your device with the App and applications, details of Your device including without limitation its manufacturer details, height and width of your device screen, model, version, UDID or IMEI Number and other similar information about You(collectively "Traffic Data”). Personal Information
  • (2.2.) 2.2. We may collect personal information that identifies You in a variety of ways, including, but not limited to the information submitted during download and installation of the App or in connection with registration for other activities or features offered through the App. Personally identifiable information collected may include name, mailing address, email address, phone number and demographic information such as gender, nationality, postcode and other personal information including but not limited to date, time or place of birth ("Personal Information"). If You communicate with Us by, for example, e-mail or letter, any information provided in such communication may be collected by Eduvast.
  • (2.3.) Our website may transmit your Personal Information to our internal servers. This Personal Information is immediately deleted once you delete the App, except to the extent it is necessary to store the same under applicable laws. Further, we have implemented commercially reasonable physical, managerial, operational and technical security measures to protect the loss, misuse and alteration and to preserve the security of the Personal Information in our care.Finally, this information is used strictly in line with our business purposes.
  • (2.4.) You understand that once You leave Our servers, use of any information You provide shall be governed by the privacy policy of the operator of the site used by You.
3. Disclosure of Personal Information
    • (3.1.) We do not disclose Your Personal Information to any third parties other than as may be required by us, Eduvast’s affiliates, partners, trusted business networks, in compliance with our Privacy Policy for the purpose of moderating the content of the Website, enhancing Your user experience, providing You localised content and to enable Us and Our partners to provide You with targeted information which may be of benefit to you.
    • (3.2.) To enhance customer experience and to provide focused support, we may share generic aggregated demographic information which may include Your information collected by Us but not linked to any personally identifiable information regarding visitors and users with Our business partners, trusted affiliates and advertisers for the purposes outlined above.
    • (3.3.) At times We are required by law or litigation to disclose personal information about the users. We may also disclose information about the user if We determine that disclosure of information is necessary for national security, law enforcement, or other issues of public importance.
    • (3.4.) We use Our best efforts to use information in aggregate form (so that no individual User is identified) for the following purposes:
(3.4.1) To build up marketing profiles; (3.4.2) To aid strategic development, data collection and business analytics; (3.4.3) To manage our relationship with advertisers and partners; (3.4.4) 3.4.4. To audit usage of Our website i.e. (3.4.5) 3.4.5. To enhance user experience in relation to the App and Our website (collectively, “Permitted Use”).
  • (3.5.) We reserve the right to disclose Personal Information if required to do so by law or if we believe that it is necessary to do so to protect and defend the rights, property or personal safety of Eduvast, the App, or Users.
4. Cookies
  • (4.1.) Whenever You access the App We may place "cookies" on Your hard drive for record-keeping purposes to enhance Your experience or sometimes to personalize Your experience. Cookies are small text files that are placed on Your device's hard drive by the App You visit. Cookies help Us to identify information relating Your activities and to retain information relating to Your preferences and history on the App.
  • (4.2.) Ad targeting cookies: We and/or Our service providers may use advertising cookies to deliver ads that are more relevant to You and Your interests.
  • (4.3.) You may choose to disable cookies by turning off cookie feature on the web browser. However, by disabling this feature, some parts of the App may not function properly. This may prevent You from taking full advantage of the App.
5. Confidentiality
    • (5.1.) Except as otherwise provided in this Privacy Policy, We will keep Your Personal Information private and will not share it with third parties, unless We believe in good faith that disclosure of Your Personal Information or any other information We collect about You is necessary for Permitted Use or to:
(5.1.1.) Comply with a court order or other legal process; (5.1.2.) Protect the rights, property or safety of Eduvast or another party; (5.1.3.) Enforce the Agreement, including EULA; or (5.1.4.) Respond to claims that any posting or other content violates the rights of third-parties. 6. Security
  • (6.1.) The security of Your Personal Information is important to Us. We follow generally accepted industry standards to protect the Personal Information submitted to Us, both during transmission and once We receive it.
  • (6.2.) Although We make best possible efforts to store Personal Information in a secure operating environment which is not open to the public, You should understand that there is no such thing as complete security, and We do not guarantee that there will be no unintended disclosures of Your Personal Information. If We become aware that Your Personal Information has been disclosed in a manner not in accordance with this Privacy Policy, We will use reasonable efforts to notify You of the nature and extent of such disclosure (to the extent We know that information) as soon as reasonably possible and as permitted by law.
7. Updates and Changes to Privacy Policy
  • We reserve the right, at any time, to add to, change, update, or modify this Privacy Policy so please review it frequently. In all cases, use of information We collect is subject to the Privacy Policy in effect at the time such information is collected. You hereby acknowledge and agree that it is Your responsibility to review this Privacy Policy periodically and become aware of the modifications. If You disagree to any of the changes to the Privacy Policy, You shall refrain from using or accessing the App. Your continued use of the App following the posting of the revised Policy shall indicate Your acceptance and acknowledgment of the changes and You will be bound by it.
8. Updates and Changes to Your Personal Information
  • You have a right to correct any errors in Your Personal Information available with Us. You may request Us in writing that We cease to use Your Personal Information.
9. Contact Us
  • You may write to us at [email protected] for any privacy concerns and requests relating to this EULA and Privacy Policy.
Save settings
Cookies settings