Moving to Miami after retiring – an extensive guide

Everyone who has experienced living in Miami knows how magical it is. Many people visited the place and those that didn’t, certainly wish to come here one day. It is also the case with people who are looking for a place to move to after retirement. But like with any other place, there are certain pros and cons when it comes to moving to Miami after retiring. One of the biggest pros you will find is that you can hire some of the best moving companies in Miami and move here relatively easily. These professionals will transport your belongings and make the relocation look like a piece of cake. Of course, this is just one of the pros. When it comes to cons, well, you will find them in the article below along with other pros.

Things you should know before moving to Miami after retiring

As we have said, there are some pros and cons of living in this place. One of the biggest concerns people have here is whether will they be able to adjust to this way of living. You should know that in Miami-Dade County you can find over 14 percent of people older than 65. Which is above the average in the state, where the average is around 13%. This should be an indicator that living here after retiring is a great solution for you.

If you decide to move here, you can hire local movers Miami has and ensure a stress-free move regardless of the size of your home. If you are relocating during the summer season, you might not be able to book the movers on time. That is why booking them the second you make the call to move is crucial.

Pros of moving to Miami after retiring

Being retired means that you will finally have time for yourself. Sadly, people wait for their whole life to finally do something they wanted after they have retired. That is why if you are eager to explore all of your hobbies and have fun, moving to Miami is a great solution for you. Here are a few benefits of moving here:

• tons of great activities,
• the weather is warm,
• diverse cultures and meeting new different people and personalities,
• low taxes, and
• great restaurants and bars.

All of these pros might not be perfect for you. But like in every part of your life, you need to make some compromises to get what you want and be happy about it. These pros are what make people move here even when they are living out of Florida. They are eager to feel the sun on their faces on a daily level. So if this is the case with you, hire some of the best long distance movers Miami has and make sure you move here when the sun is in its best position.

Tons of great activities

Who said that retirement may be boring? And who says that retirees are boring? Well, you will not find boring people here. Miami is all about activities and fun. You will find many waterways, golf courses, and beaches where you can experience some of the best parts of the recreation. There are even some programs for the elderly that will include Zumba classes and tai chi.

On the other hand, if you are the type of person that likes to relax and read, you’ll find many great libraries. Choose the book you like and spend your afternoon on your balcony or in a yard and have time for yourself. Your move to Miami does not have to be all about sports. It can be just enjoying the perfect weather.

Speaking of weather…

You will experiences some of the nicest and warm summers and mild winters. Retirees love this weather because it gives them a chance to explore what they like though the whole year. That is why moving here with some of the best moving companies Miami Beach has will be a blast for all of you who want to live your lives as you imagined. Plus, all of this listed above will make you feel younger. You will get so much energy that the age will be just the number.

A high level of diversity is something you should explore before moving to Miami after retiring

You will never feel like an outsider here. And you will never feel alone here. People are polite, nice and most of all very friendly-oriented. You will be surprised how people will treat you here. During the pandemic, this bond between the residents of Miami has become even bigger.

And one of the greatest things is that you will be able to ask for any pieces of advice you need. No matter what is the topic of the conversation or what are the things that you need. For example, if you have just relocated here and you are looking for some and the best Miami storage facilities, check with your neighbors. See which ones are the closes and what are the best options for you. You will be surprised how many people will still give you advice with smiles on their faces. 

Low taxes

One of the benefits retirees find here is the low taxes. Incomes are not taxed here. Another reason why retired people love moving to Miami after retirement is there are no estate taxes and inheritance taxes. That is why more and more people who are about to retire choose Miami as their retirement destination.

Add on all of these things the fact that you will have the nice weather, a lot of activities and not so expensive way of living, moving to Miami after retiring is the first thing you will do. So get some of the best moving boxes Miami has, start packing, and enjoy the little things that make people happy. And one of them is having a new and your own home in the place you have chosen.

Food

Food is something that we cannot forget. When it comes to the restaurants and bars in Miami, you will be blown away. There are so many new restaurants with different and diverse cuisines that you will not have enough time to try them all for one summer. Therefore, if you find some great restaurants and bars, make sure you book them right away. Some of the most famous places are booked for two or three weeks from one.

One of the solutions to this problem is that you book your restaurants on the night of your moving day. You will not have a problem leaving everything in your home and going to dinner if you hire some of the best packing services Miami has. Your items being packed by professionals will give you a chance to go through the unpacking process much easier. Plus, you will have as much time as you want not that you are retired. There is no rush to unpack and decorate everything on your first day and night here. Start enjoying your time and yourself.

Cons of moving to Miami after retiring

When we think about the cons of moving to someplace, it is usually the things that concern us the most – costs of living, taxes, ways of living, and enough activities. Since we have figured out that the taxes and the way of living are not a con of living here, we are left with these:

• Costs of living,
• Medical care issues.

Some people might think that the weather can also be a con ad a pro of moving here. Some people don’t like that warm weather. Plus, Miami has a few storms now and then. But with great hurricane preparations, this should not represent such a big problem.

Costs of living

This is maybe the biggest con of moving here after retiring. The costs of living are high and if you do not have enough savings or some decent retirement income you might not be able to pull up living here in a comfortable way. Costs of living are about 10 percent higher in Miami that the average level. However, Miami would not be so magical if it did not have a solution for this too. You can find some budget-friendly areas in Miami where you will be able to have some low-income senior living options. So check them out. And if you find something suitable for you, make sure you contact the moving company and set the moving date that suits both of you.

How much money do you need if you decide on moving here?

For some people, the information about the high costs of living is not enough. The remaining reason is that people have different salaries and incomes. As previously said the high costs of living are made by the statistics. But we all know that there is no single person who can fit in all the groups that have been asked for the numbers to make the final statistic. Therefore, the prices you need to know in order to determine whether you can afford to live and move to Miami will also depend on how many of you will be living there.

For a single person moving to Miami

The total cost of living with rent is around $2729. However, if you decide on living in your own home, if you have decided in investing and buying a home here, you can have a total cost of living of around $900. Which is three times cheaper. But let us divide these costs. For rent and utilities, you will need around $1850, food will stand you around $600. The transportation will cost you around $150 per month.

If a family of 4 is moving here, the prices will be different

It is quite logical that more of you living there together will mean higher costs of living. So if the family of 4 is renting a home here, they will need around $6060. The rent and utilities will cost you around $3200 and when it comes to food, the average family of 4 in Miami spends around $1600.

When you calculate everything, you will see that the average cost of living in Miami is around $2730. This makes Miami be in the list of the most expensive cities in the United States. It is ranked 71st on the global list and it is in third place when it comes to the cities in Florida that are most expensive.

There is a great side to this. After paying your taxes, you will have around $4700. This is supposed to be enough to cover all of your expenses for a month and a half. So if you calculate everything right and you are prepared to cut some expenses, living in Miami will be a great chance to start your life after you have retired.

Medical Care Issues

The thing that might deceive you is even though Florida is a state where there is a high concentration of senior residents, the medical care issues are not very well developed. Some of the important types of care like chronic care and nursing homes in Miami are being ranked below the average. This is something you need to think about. Because you might be in a good shape when you are moving to Miami. You need to think about your health in the future.

Even though the cons of moving to Miami are smaller, you need to think about everything. There is no point in moving and relocating too many times, especially if you are retired. You need to find a home where you will enjoy yourself.

Do your research before you move to Miami

By researching Miami, you will be in the chance to determine whether moving to Miami after retiring is a good idea. But no matter what you have decided, having the right help is crucial. So, write down your needs and the needs of the other persons that are relocating with you. This list will help you determine which city is the best for you. And it might be Miami.