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Benefits of Retiring in Michigan

By    |   Tuesday, 10 November 2015 06:40 PM EST

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.

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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.

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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.

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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
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2015-40-10
Tuesday, 10 November 2015 06:40 PM
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