- Oct 14th, 2014
Time to Retire – In Delaware
When it comes time to start your retirement planning, life in Delaware has much to offer. From prime location to financial security, retirement in Delaware is a smart decision for the 55+ community. Here are some top reasons why Delaware is one of the best places to retire.
1. Central Location
While Delaware itself is small in size, that makes it easily accessible to much of the Northeastern region. Philadelphia is no more than an hour’s drive from most towns in Delaware, while Baltimore, New York City, and Washington, D.C. are similarly only a couple of hours away. The Northeast can be easily navigated by car or train, and numerous airports open up an even wider range of traveling possibilities. This prime location makes it easy to visit friends and family, and for them in turn to visit you.
One of the state’s biggest advantages is that there is no sales tax, but there are other financial features that make it appealing for the retirement community in Delaware. Social Security benefits are tax-exempt, and income rates are low. In fact, Delaware has an overall low cost of living, as compared to other coastal states such as Massachusetts and New Jersey.
3. Proximity to the Coast
Delaware beaches are some of the best in the region. Towns like Lewes and Rehoboth Beach are nearby no matter where you choose to settle in Delaware, but the cost of living in one is also considerably lower than in other coastal states. You have the opportunity to make frequent visits to the beach, or to reap the benefits of investing in affordable homes near the Atlantic Ocean.
4. Enriched Community
Many cities in Delaware are full of small town charm. The state cultivates close-knit communities, with the added benefits of unique shopping and dining options. As the First State, Delaware is rich in history and home to many museums and cultural events. Community festivals and outdoor recreation, such as walking trails and boating opportunities, mean that there are plenty of activities for retirees in Delaware.
Living in Delaware benefits your daily lifestyle, from cultural advantages to financial security. Retire in Delaware with Reybold Residential’s numerous housing options, and enjoy life’s finer moments.