Best Place For Retirees 2026
Why Florida Continues to Be a Top Choice for Retirees
Florida Remains a Top State for Retirees in 2026
As economic conditions evolve and retirement planning becomes more complex, one question continues to surface: Where can retirees enjoy both lifestyle and financial stability?
According to a new CareScout study, Florida ranked as the 7th best state in the nation to retire, jumping an impressive 11 spots from its #18 ranking in 2025. That surge reflects renewed confidence in the state’s long-term appeal, particularly among retirees seeking tax efficiency and quality of life.
A Growing Retirement Population
Florida is no stranger to retirees. Currently, 21.8% of Florida’s residents are age 65 or older, placing the state fourth nationally behind Maine, Vermont, and West Virginia.
This mirrors a broader national trend. The U.S. Census Bureau reports that about 18% of the U.S. population is now 65 or older, marking the fastest growth rate in this age group since the late 1800s.
At the same time, Americans are living longer. According to the CDC, average life expectancy now reaches into the mid-80s, making retirement planning more critical — and longer-term — than ever before.
Financial Pressures Are Shaping Retirement Decisions
Despite longer lifespans, retirement has become more financially challenging.
Recent data shows:
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Nearly one-third of retirees must closely budget for essentials like groceries and healthcare
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Many Americans are delaying retirement into their 70s due to affordability concerns
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Inflation and rising living costs continue to strain fixed incomes
These pressures are forcing retirees to be more selective about where they live — prioritizing states that help stretch retirement dollars further.
Why Florida Still Wins for Retirees
Even with affordability challenges, Florida continues to offer advantages that few states can match:
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No state personal income tax (0%)
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Warm average annual temperature (72.1°F)
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Strong healthcare infrastructure
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Active adult and 55+ communities
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Coastal lifestyle, recreation, and cultural amenities
Compared to high-tax, high-cost states like New Jersey, which ranked among the worst states to retire, Florida remains a financially and lifestyle-friendly alternative.
While states like Wyoming topped the rankings due to low taxes and healthcare metrics, Florida’s blend of climate, tax benefits, and amenities keeps it firmly on retirees’ shortlists.
What This Means for Florida Real Estate in 2026
As retirees continue relocating:
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Demand remains strong for single-story homes, condos, and low-maintenance properties
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Downsizing, second homes, and relocation purchases are driving activity
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Sellers benefit from steady interest, while buyers must navigate inventory carefully
Choosing the right home — and the right location — is increasingly about balancing lifestyle needs with long-term financial planning.
Laura’s Point of Views
What I see on the ground is simple: retirees aren’t just moving for sunshine anymore. They’re moving for financial clarity, healthcare access, and peace of mind.
Florida continues to check those boxes — especially for buyers who plan carefully and work with local expertise to avoid overpaying in competitive pockets.
Whether you’re planning your retirement move, downsizing, or purchasing a second home, having the right guidance matters.
Call Laura Graves For More Info in Biscayne Park & Brickell: Phone: 786-457-8001
Email: [email protected]
