Moving to Orlando, Florida for retirement is a popular choice for seniors - and it’s easy to see why. Famously pleasant weather, endless entertainment possibilities, and a large population of active seniors are just a few of the reasons retirees make their way down to the Sunshine State in their later years. Orlando should be at the top of your retirement shortlist if you enjoy the sun, a fun vibe and the chance to live within your means. Bonus: Your grandkids will love it, too.

In particular, Orlando has much to offer in terms of living options for retirees. Below you’ll learn about the particularities or each choice to help you work through what the best option is for you.

Why Retire in Orlando?

Besides the obvious reasons - sunshine, Disney World, world-class entertainment - Orlando is a financially-wise choice for seniors. Houses are affordable, and the state of Florida offers exemptions that make owning a home as a retiree even more reasonable. Florida’s homestead exemption is available to homeowners for their principal residence. The policy exempts $25,000 of a home’s assessed value from school district property taxes and $50,000 for all other types of property tax. In most cases, the exemption adds up to be in approximately $500 - $800 in tax savings for Florida residents.

The tax-friendly government regulations is another reason why seniors migrate down to Florida for retirement. Consumer finance service SmartAsset refers to Florida as the “ultimate destination” for retirees who want to stretch their dollars as far as possible. The state has no income tax, which means all forms of retirement income, including Social Security, public and private pensions, are also tax-free.

All of this translates to more money in your pocket to spend on the things you want and enjoy.

What is a Retirement Community?

Retirement communities, also called active adult living or “55-plus” communities, are communities designed for adults who are at least 55 years old - although that isn’t always a hard limit depending on the community. The majority of retirees who live in these communities have left their career jobs, although that is not always the case.

A retirement community can be made up of single family homes, condos or apartments. These homes are usually designed with universal design in the floorplans, meaning they come with senior-friendly features for aging in place. Amenities found in these homes may include no-step entryways, wider hallways, low counters or balancing rails in the shower.

The Benefits of Living in a Retirement Community in Orlando

Not everyone wants to or is prepared to deal with all the headaches that come with home ownership. Retirement communities are a popular option for seniors looking to focus on fun and relaxation during their Golden Years. These “55-plus” communities offer a wide range of amenities and services intended to help keep seniors as safe and relaxed as possible without sacrificing their independence. Some of the common home maintenance amenities offered in a given retirement community include:

  • Common area maintenance

  • Exterior building maintenance

  • Limited replacement cost coverage insurance

  • Sewer

  • Roof maintenance

  • Termite extermination, if needed

Beyond home maintenance, senior living communities typically offer an array of amenities designed to make retirement healthier and more fun for seniors. These amenities could include:

  • Pools

  • Fitness centers

  • Recreational activities

  • Senior happy hours in a community clubhouse

  • Organized outings

  • Gated security for enhanced safety

Your real estate agent can help you work through all the amenities and particularities of a given retirement community to ensure the one you pick is the best one for you.

Other Senior Living Options in Orlando

Life in a retirement community might sound like a treat, but it’s important to remember that with aging comes more complex health needs and mobility issues. You may ultimately need more constant assistance with certain activities of daily living - namely getting dressed, bathing or getting three nutritious meals each day.  If you think you could benefit from living in a place where you have access to more hands-on assistance while still having a home-like setting, you might want to consider an assisted living facility. There are about many top rated communities in the Orlando area - each offering their own set of amenities to help retirees feel as much independence as possible without leaving them fully on their own to handle emergencies.

Ready to find your dream home in Orlando? Contact Janice White with Century 21 Realty today to get started! Working closely with customers to find the perfect home for them is something I truly value. I know that you have many choices when making a decision to use a Realtor. My commitment to you is that I will provide you with the finest personal attention in your house hunting journey. It is an honor I truly value, and I can’t wait to get started.