Tags: Retirement | retiring | michigan | benefits

Benefits of Retiring in Michigan

By    |   Tuesday, 10 Nov 2015 06:40 PM

Retirement in Michigan may not be your first thought, given the cold and snowy winters, but there are plenty of benefits for retirees in the Wolverine State.

In addition to lakefront properties and cool breezes, Michigan is home to excellent healthcare facilities and an active arts community.

Free Retirement Calculator: When Can You Retire? — Click Here to Find Out

Here are four benefits to retiring in Michigan:

1. Low taxes
State income taxes are a low 4.25 percent, and Michigan offers several breaks to senior citizens, especially those born before 1953. State sales taxes are about 6 percent, and local governments do not charge additional sales taxes.

2. Cost of living
Affordable housing tops the list of reasons for an attractive cost of living in Michigan. Other great deals include cost of entertainment, dining options, and clothing costs that are below the national averages for similar things.

3. The great outdoors
There’s no need for retirees to sit inside. Michigan offers 11,000 lakes, beautiful woodlands, and incredible hiking trails throughout the state. Campers can choose from more than a thousand sites, which accommodate tents, RVs, and cabin lovers.

How Soon Can You Retire? Free Test Shows You When — Click Here

4. Outdoor and cultural activities
The state and its waters also are full of fish and wildlife, offering retirees options for sightseeing, experiencing nature, and living off the land. Michigan also offers cultural options such as music and art museums, as well as historical charm, such as that found on Mackinac Island.

© 2017 Newsmax. All rights reserved.

 
1Like our page
2Share
FastFeatures
Retirement in Michigan may not be your first thought, given the cold and snowy winters, but there are plenty of benefits for retirees in the Wolverine State.
retiring, michigan, benefits
252
2015-40-10
Tuesday, 10 Nov 2015 06:40 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved