The average retirement income in Florida is $60,986 a year, according to the Census Bureau’s American Community Survey. That figure blends Social Security with pensions, 401(k)s, and other retirement accounts. Retirees living on Social Security alone see nowhere near that number. Pension income skews the mix. The gap between the average and what a typical…
Georgia taxes pensions, 401(k) withdrawals and other retirement income, but a hefty exclusion shields many retirees from ever paying on it. Social Security is the one paycheck Georgia never touches, at any income level. The exclusion on everything else grows the year you turn 65. Lawmakers just voted to grow it again, starting in 2027….
Assisted living in South Carolina costs a median of $5,350 a month in 2026, or about $64,200 a year. That’s roughly $850 below the national median of $6,200 a month, which makes South Carolina one of the more affordable states for the level of care between living alone and a nursing home. But that’s only…
A Medicare Supplement plan in Florida costs a 65-year-old anywhere from about $70 to $310 a month in 2026, and the plan letter you choose swings that number more than almost anything else. Plan G, the most complete plan available to new enrollees, runs roughly $200 to $260 a month in counties like Duval, Hillsborough,…
A semi-private room in a North Carolina nursing home costs about $9,733 a month in 2026, or close to $116,800 a year, per the newest CareScout Cost of Care Survey. A private room runs higher, close to $10,798 a month. Either bill adds up fast. Where you land in the state changes the number. So…
Hitting $1 million in retirement savings puts retirees ahead of most people. Fewer than 3% of Americans with a retirement account ever reach seven figures. But even so, $1 million isn’t always enough to live comfortably nowadays. Here’s what a $1 million Florida retirement really looks like in 2026. Note: This is general information, not…
In-home care in Virginia costs about $32 an hour for the non-medical help most families start with, which works out to roughly $6,100 a month for 44 hours a week of care. Skilled help from a home health aide runs a little more, around $33 an hour. Those Virginia numbers come from the 2024 CareScout…
Does Pennsylvania tax Social Security? No, not a single dollar of it. It doesn’t matter whether your monthly check reads $1,100 or $3,900. Pennsylvania taxes none of it. Pennsylvania goes further than most states, too. Your pension, your 401(k), and your IRA can all come out tax-free once you’ve retired, which puts the state in…
A clerk at the Duval County property appraiser’s office slides a one-page form across the counter and asks a new retiree the same question she asks several times a week. Did anyone ever tell you about this exemption? The answer is almost always no, and the same scene repeats at courthouses across Florida every March….
The cheapest places to retire in South Carolina in 2026 are ten small counties where the median property tax bill runs under $700 a year, most of them tucked into the Pee Dee region and the Upstate. That adds up fast. South Carolina gained more than 5,400 residents age 65 and older last year, more…
