Top Reasons Florida is the Ideal Retirement State, Based on Bankrate Analysis
Florida’s status as one of the top states for retirees is well-earned. With its sunny and warm year-round weather, no income tax, affordable cost of living and real estate, an endless list of outdoor recreational activities, and a large variety of retirement communities offering resort-style amenities, the Sunshine State continues to attract a high number of new retirees. Almost 12 percent of all retirees who moved to a different state in 2022 chose Florida, making it the top choice, according to data fromthe Census Bureau’s Current Population Survey and its Annual Social and Economic Supplements for 2022. Moreover, Bankrate ranked it eighth in its latest survey of thebest states to retire in 2023, where it scored highly in the well-being and weather categories.