For seniors with a disability, retirement in Ohio offers a high quality of life and access to programs designed specifically for both senior citizens and people who have a disability. With a cost of living close to the national average, you won't save as much money as you might in some other states, but you can be assured that you won't be paying significantly more to spend your retirement in Ohio than people in the rest of the country. Additionally, the state offers tax breaks, discounts, and assistance programs that can help you enhance your lifestyle and make your retirement or disability benefits stretch farther.
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Ohio isn't the cheapest state to live in but, in some areas, it falls below the national average. You'll likely save money on housing, for example, which costs 34 percent less than in other states, according to
Sperling's Best Places. Overall, however, it ranks nearly equal to the national average, so for disabled seniors, who often lived on a fixed income, making their benefits go farther can take careful planning.
If you're worried about making the most of your money, research what tax breaks you're entitled to. According to
Military.com, if you're a veteran and have a total disability, you can receive a homestead exemption on your property taxes. This reduces the assessed value of your home by up to $25,000 and lowers the amount of property tax you'll pay.
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For disabled seniors spending their retirement in Ohio, access to affordable housing is abundant. The state offers several facilities and assistance programs for senior citizens and for people with disabilities. The
Ohio Multi-County Development Corporation (OMCDC) operates 13 facilities designed for people with varying levels of independence and varying types of disability. The OMCDC also operates two senior facilities for low-income senior citizens. To qualify, you must be a resident of the county in which the facility is located. Rent is based on income, with tenants paying 30 percent of their adjusted gross income. Many units are furnished and in some cases the facility even provides housewares.
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