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7 Facts About Retiring in Delaware

By    |   Wednesday, 10 Feb 2016 04:55 PM

Nicknamed "The First State," Delaware is known for its prolific colonial history and lovely ocean views. For folks in search of the ideal retirement spot, Delaware has plenty to offer. But, before pulling up stakes, there are a few things to take into consideration. Assembled here are some of the most significant facts about a retirement in the tiny mid-Atlantic state of Delaware.

1. Delaware Offers a Slower Pace of Life Perfect for Retirees

Delaware is gaining popularity among those looking to relocate in the retirement years. This is in large part because it offers an escape from heavy traffic and fast-paced city life while also allowing its residents to be within a short drive from family and friends.

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Delaware is a great choice for individuals in the mid-Atlantic region looking for a relaxed lifestyle without moving to a different part of the country.

2. The State Makes It Easy to Retire Near the Ocean

For retirees hoping to make their home on the beach, Delaware has many great options. One popular retirement locale in Delaware is Rehoboth Beach, which offers luxury living, shopping, and restaurants all along the state's scenic coastline. Other coastal towns include Lewes, Bethany Beach, and Dewey.

3. History Buffs Will Find Endless Amusement in Delaware

As our country's first state, Delaware is rich in early American history. It was originally settled by Swedish settlers in 1638, and it became the first state to ratify the federal Constitution, hence its nickname.

Historic towns, such as New Castle, are treasures within the state where museums and national monuments bring the past to life complete with cobblestone streets.

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4. Location, Location, Location

Perhaps one of Delaware's biggest draws is its proximity to some of the nation's biggest cities. Philadelphia, Baltimore, Washington, D.C., and New York are all within easy reach any of Delaware's towns.

5. Tax Benefits for Retirees

As one of the country's few states without sales tax, Delaware has some very appealing tax breaks for retirees looking to relocate. The state also offers tax exemptions on some military retirement income as well as Social Security income.

6. Medical Services

Retirees considering Delaware for their new home should note that many medical services have not kept up with the growing population of senior adults living in the state. As soon as a new physician's office opens, the practice fills almost immediately with new patients. This could be one potential drawback to a Delaware retirement.

7. International Travel

For retirees planning for lots of travel in their golden years, Delaware is located near several major airports, just a short drive away to snag an international flight.

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Nicknamed "The First State," Delaware is known for its prolific colonial history and lovely ocean views. For folks in search of an ideal retirement spot, Delaware has plenty to offer. Assembled here are some of the most significant facts about a retirement in the tiny mid-Atlantic state of Delaware.
retirement in delaware, retirees, facts
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2016-55-10
Wednesday, 10 Feb 2016 04:55 PM
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