Retirees Are Leaving Florida in Droves and Heading to These 16 States Instead

In a surprising shift in retirement migration patterns, many retirees are choosing to leave the sunny state of Florida and are moving to 16 other states across the U.S. According to recent data, states like South Carolina, Georgia, and Tennessee are becoming increasingly popular destinations for those looking to enjoy their golden years.

The reasons behind this trend are multifaceted. While Florida has long been a magnet for retirees due to its warm weather and lack of state income tax, rising living costs, including skyrocketing home prices and insurance rates, are pushing some to look elsewhere. Additionally, the impact of hurricanes and other natural disasters has made some retirees reconsider their choice of Florida as a retirement haven.

Among the top states attracting these retirees, South Carolina stands out due to its lower cost of living and welcoming communities. Georgia, with its vibrant cities like Atlanta and charming small towns, is also drawing retirees looking for a mix of urban and rural lifestyles. Tennessee, known for its natural beauty and no state income tax, is another favored destination.

This migration trend not only impacts the demographic and economic landscape of these states but also reflects broader changes in retirement planning. As retirees seek affordability, safety, and quality of life, the allure of traditional retirement destinations like Florida is waning, paving the way for new hotspots across the country.

• Florida
• Georgia
• South Carolina
• Tennessee

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Retirees Are Leaving Florida in Droves (And Going to These 16 States Instead)

2 weeks ago

- msn