viper88
Well-Known Member
- Thread starter
- #1
I am sick of the midwestern winters! I am not digging the State of IL and all the taxes either. I don't mind paying my fair share of taxes but I want to see what I am getting. I can tell you it's not much in Chicago. Nothing but politicians getting fat on the backs of tax payers. Not to mention the crime.
People are abandoning IL at a record pace. Illinois is broke. There will never be enough taxes to make up for it. It a ponzi scheme. When the music stops a lot of people will not ave chairs. Not to mention the Chicago pension funds have been mismanaged for decades and are unsustainable. The only real solution is filing for bankruptcy or pension reform. Neither will happen because the politicians and Judges rely on the pensions themselves. They will never cut their own throats.
I noticed a lot of Jeepers are from FL. Any suggestions for areas to retire in FL? Still too early for retirement but need to give it some serious thought.
Gulf or East Coast?
Pros and cons?
Would love to be on the water.
Only visited Miami, the South Beach area and the Keys. Great restaurants and beaches in the South Beach area. I loved all of it. Something to be said about flip flops and shorts year around!
The Miami South Beach area has a lot of condos on the water and is appealing but I wonder if the real-estate there is in a bubble? Some people tell me all the beach front condos are inflated due to huge influxes of wealth escaping South America?
I love the Keys. Key West was so relaxed. Weather is great when it's not hurricane season. The other downside may be all the tourist if you actually live there? And of course cost.
I have friends who live on the Gulf side in the Tampa area. They live there because they are military. They said they would consider the Gulf side further south. I believe Sarasota was mentioned?
Suggestions for the East Coast?
What about hurricanes and storms? How often? How is flood insurance? Originally I planned on buying, about a $500K-$600K budget. I am considering renting first now. Someone else recommended renting full time because of hurricanes? How do you deal with hurricanes?
How about health care on either coast?
Advice?
People are abandoning IL at a record pace. Illinois is broke. There will never be enough taxes to make up for it. It a ponzi scheme. When the music stops a lot of people will not ave chairs. Not to mention the Chicago pension funds have been mismanaged for decades and are unsustainable. The only real solution is filing for bankruptcy or pension reform. Neither will happen because the politicians and Judges rely on the pensions themselves. They will never cut their own throats.
I noticed a lot of Jeepers are from FL. Any suggestions for areas to retire in FL? Still too early for retirement but need to give it some serious thought.
Gulf or East Coast?
Pros and cons?
Would love to be on the water.
Only visited Miami, the South Beach area and the Keys. Great restaurants and beaches in the South Beach area. I loved all of it. Something to be said about flip flops and shorts year around!
The Miami South Beach area has a lot of condos on the water and is appealing but I wonder if the real-estate there is in a bubble? Some people tell me all the beach front condos are inflated due to huge influxes of wealth escaping South America?
I love the Keys. Key West was so relaxed. Weather is great when it's not hurricane season. The other downside may be all the tourist if you actually live there? And of course cost.
I have friends who live on the Gulf side in the Tampa area. They live there because they are military. They said they would consider the Gulf side further south. I believe Sarasota was mentioned?
Suggestions for the East Coast?
What about hurricanes and storms? How often? How is flood insurance? Originally I planned on buying, about a $500K-$600K budget. I am considering renting first now. Someone else recommended renting full time because of hurricanes? How do you deal with hurricanes?
How about health care on either coast?
Advice?
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