Is Florida or Arizona better for retirement?
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Is Florida or Arizona better for retirement?
Winner: Florida When it comes to the number of residents that are in retirement, Florida emerges as the winner in terms of absolute numbers and portion of the population. Out of a population of nearly 7 million, Arizona has 1,158,320 residents aged 65 and older, or 16.67% of the population.
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Florida
Is Florida a retirement friendly state?
Florida, one of our 10 most tax-friendly states for retirees, has no state income tax. That means no state taxes on Social Security benefits, pensions, IRAs, 401(k)s and other retirement income. It also has no inheritance tax or estate tax.
Which state has no property tax for seniors?
South Dakota
How much does it cost to live in a retirement community in Florida?
With costs of retirement homes in Florida typically ranging between $467 and $4,356 per month, the median yearly cost runs around $19,800. The monthly national median cost is around $1,925.
