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Benefits of Retiring in Connecticut

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By    |   Saturday, 06 Jun 2015 09:34 PM

Connecticut offers older adults many favorable perks that make it a desirable place to spend the rest of their “golden” years. These five benefits can encourage them to choose retirement in Connecticut.

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  1. Safety and Crime -In 2014, Connecticut was listed among the top 10 safest states to live by WalletHub. The online financial portal evaluated the safety of the 50 U.S. States and the District of Columbia. It analyzed five threats: financial security, driving safety, workplace safety, natural disasters, and home and community safety. It found that Connecticut made progress reducing crime, especially in the state’s dangerous urban cities. Connecticut’s crime dropped 8.6 percent in 2013, according to the FBI’s Preliminary Semiannual Uniform Crime report, January-June 2013. Governor Dannel P. Malloy shared in a press release that the crime numbers are the lowest in more than forty years.
  2. Quality of Healthcare - Connecticut is among the healthiest states in the country according to America’s Health Rankings. This annual assessment reports the nation’s health on a state-by-state basis by looking at a set of behaviors, community and environmental conditions, policies, and clinical care. In 2014, Connecticut not only ranked fourth, but it also improved its ranking by three places.
  3. Livable Communities - Connecticut’s population of people aged 65 and older is expected to soar to 57 percent between 2010 and 2040, according to Connecticut’s Legislative Commission on Aging. As a result, state and community leaders want to enhance the health and independence of these individuals. They are placing more focus on creating livable communities that are budget-friendly, accessible to housing and transportation options, and that increase community engagement and health services.
  4. How Soon Can You Retire? Free Test Shows You When — Click Here

  5. Property Taxes - Connecticut may be known for having the highest property tax burden in the nation, but it also has programs that provide some relief to older adults. Some programs require towns to provide the tax relief. Other programs depend on the approval of the town’s legislative body. For instance, all municipalities in Connecticut are required to provide tax assistance through the Circuit Breaker Program, which lowers the property tax bill for low-income older adults and people with disabilities.
  6. Life-long Learning - Some seniors are making the most of their golden years by going back to college, and Connecticut’s leaders are making it easier for older adults to do so. The state waives tuition for residents aged 62 and older at its institutions. The credits earned from the courses taken under the tuition waiver can apply toward a degree.
How Soon Can You Retire? Free Test Shows You When — Click Here

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Connecticut offers older adults many favorable perks that make it a desirable place to spend the rest of their "golden" years. These five benefits can encourage them to choose retirement in Connecticut.
retirement, Connecticut, benefits
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2015-34-06
Saturday, 06 Jun 2015 09:34 PM
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