Tags: Retirement | retirement | Georgia | veterans

Veterans Guide to Retiring in Georgia

By    |   Thursday, 04 Jun 2015 01:02 AM

For veterans considering retirement in Georgia there are many benefits to consider. The state of Georgia offers a number of tax benefits and services to veterans. According to the Georgia Department of Veteran Affairs, there is nursing home care available and cemetery committal services, as well as different tax exemptions.

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Georgia has a number of income tax benefits for retirees. According to Kiplinger, the Peach State exempts Social Security income, and raised the tax exemption to $65,000 for those age 65 and older. Kiplinger adds that additional retirement income up to $35,000 for those who are age 63 or 64 may also be exempt.

In addition to the tax benefits, there are also a number of communities that are budget-friendly in cities in Georgia such as Gainesville, Savannah, and Dahlonega. All have average home prices that start in the low-to-mid $100,000s. For those interested in fishing, Lake Lanier in Gainesville is a bass fisherman's dream with 700 miles of shoreline and 10 marinas. Dahlonega offers historic architectural charm, as well as Napa Valley-style wineries while Savannah offers history, a vibrant downtown and coastal views.

There is also a lot of military history in Georgia. Army General William Sherman led his famous "March to the Sea" during the Civil War where he burned most towns to the ground; however, Savannah escaped because it is said Sherman fell in love with its charm. Many places to visit lay along the Antebellum Trail, like the Old Governor's Mansion in Milledgeville. Explore Georgia lists many great historical attractions for those interested.

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Disabled veterans can be entitled to a homestead tax exemption if they meet certain criteria. The Georgia Veteran Affair's website states that the homestead exemption can be extended to include an "unremarried surviving spouse or minor children as long as they remain in the homestead or a subsequent homestead in the same county." There are additional benefits that could help those considering Georgia as a retirement destination.

There is also a War Veterans Nursing Home in Augusta and a War Veterans Home in Milledgeville. The nursing home in Augusta is equipped with 192 beds and is next to the Georgia Regents University and the Charlie Norwood Veterans Affairs Medical Center. According to the Veteran Affair's website, the veterans' home in Milledgeville is a 375-bed facility. It provides care to aged and infirm war veterans.

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For veterans considering retirement in Georgia there are many benefits to consider. The state of Georgia offers a number of tax benefits and services to veterans.
retirement, Georgia, veterans
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2015-02-04
Thursday, 04 Jun 2015 01:02 AM
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