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The Delaware Difference: Why are seniors choosing to move to Delaware?
July 12, 2024
It seems like there are several compelling reasons why seniors are moving to Delaware, particularly Sussex and Kent Counties. Here's a breakdown of some of the attractions:
- Tax Benefits: Delaware offers significant tax advantages for retirees, including exclusions on retirement and IRA income for individuals over 60. This can provide substantial savings compared to other states.
- Lower Real Estate Taxes: Real estate taxes in Delaware are comparatively lower than many other states, making it an attractive option for those looking to downsize or retire.
- No Sales Tax: The absence of sales tax means residents have more disposable income to enjoy their retirement and participate in leisure activities.
- 55+ Communities with Amenities: Delaware boasts a growing number of 55+ communities with various amenities tailored to the needs and preferences of retirees, offering a comfortable and vibrant lifestyle.
- Proximity to Beaches: The allure of Delaware's beaches, with their beautiful sunrises and sunsets, provides an appealing recreational option for retirees seeking relaxation and natural beauty.
- Educational Opportunities: Retirees have the opportunity to further their education at the University of Delaware tuition-free once they reach the age of 60, enabling lifelong learning and personal enrichment.
- Adult Enrichment Classes and Senior Centers: Delaware offers a range of adult enrichment classes and numerous senior centers where retirees can engage in social activities, pursue hobbies, and stay active and connected within their communities.
Overall, Delaware's combination of tax advantages, recreational opportunities, educational options, and vibrant community offerings make it an attractive destination for seniors looking to enjoy their retirement years to the fullest. And of course, who can forget the popularity of pickleball among retirees—a fun and social activity that adds to the appeal of living in Delaware!
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