Senior Living BlogRetirement Tips › Retiring in Miami: Pros and Cons of South Florida Living

Retirement Tips

Retiring in Miami: Pros and Cons of South Florida Living

Miami is a bit of an anomaly. It’s a party haven for 20-something spring breakers. At the same time, the Miami area is a popular retirement destination for the over-60 crowd. With a booming nightlife, unbeatable weather, and countless cultural and recreational opportunities, it’s easy to see Miami’s appeal.

Miami, Florida, skyline, to illustrate guide to retiring in Miami

Miami-Dade County has a population of almost 2.7 million people.

In the 2010 census, 17.3 percent of Florida’s population was aged 65 and older – the highest percentage nationwide. Miami-Dade County didn’t skew quite as old, at 14.1 percent aged 65 or older, but that was still higher than the national average of 13 percent.

What makes South Florida so attractive for retirees? And are there any drawbacks? Let’s consider the pros and cons of retiring in Miami.

Pros of Retiring in Miami

Downtown Miami waterway, for guide to retiring in Miami

Retiring in Miami means living on or near water.

Recreation Galore

Retirement certainly doesn’t have to be boring. Not here. Miami has an abundance of recreational outlets, including waterways, golf courses, and beaches. The Miami-Dade County Active Older Adults program will hook you up with cardio, tai chi, and Zumba classes. If a cruise is your kind of getaway, PortMiami is the largest cruise-ship terminal in the world. However, if you’d prefer to relax at home, enjoying the peace and a good book, there are plenty of Miami retirement communities designed for seclusion, too.

Warm Weather

Florida’s weather is, without a doubt, one of its biggest draws. Sure, four seasons are beautiful – until you slip on ice or hurt your back shoveling snow. If you live in a climate with harsh winters, you might have had enough by now. If you can’t afford to be a snowbird, moving to Florida permanently may be a good alternative. The lowest average low you’ll encounter in Miami is 60 degrees Fahrenheit in January. The average Miami high in January is a balmy 76 degrees. Ahhh!

Low Taxes

Income, including retirement and Social Security benefits, are not taxed in Florida. There’s also no estate tax or inheritance tax. If you buy into a retirement community, property taxes in Miami-Dade County are slightly above the national and Florida averages. However, Florida residents 65 and older may be able to take advantage of an additional homestead exemption of $50,000 or more.

Abundant Culture

As a retiree in the Miami area, you won’t run out of museums to visit or possibly volunteer at. Miami boasts dozens of museums, covering arts, history, and science. Works in the many Miami-area art museums range from classical Renaissance and Baroque paintings to out-there avant-garde installations. Quirkier museums display vintage aircraft and historical railroad cars. If you’re more interested in theater and the performing arts, venues around Miami offer everything from Broadway shows to opera and ballet.

Cons of Retiring in Miami

Miami sunrise, to illustrate guide to retiring in Miami

That South Florida sun gets hot in the summer.

The Weather, Part 2

Yes, Florida weather is both a pro and a con. The Sunshine State, though bright and moderately warm most of the time, can become sweltering and humid in summer. Average highs in July and August are 91 degrees Fahrenheit. Florida is also in the midst of hurricane country, so you should expect to bear down through a few bad storms if living here. New residents should study hurricane preparations to help keep you and your loved ones safe.

High Cost of Living

Because Miami is such a hot destination, many areas are densely populated. If you don’t have a sizeable retirement income or savings, it may be difficult to find an affordable community. Overall, the cost of living in Miami is about 10 percent above the national average. Some of the outlying areas of Miami like West Park, Lauderhill, and Richmond West are good places to check out if you’re on a budget. You also might be interested in low-income senior living options in the Miami area.

Medical Care Issues

With such a high concentration of seniors, you’d think Florida would rank among the top nationwide when it comes to healthcare. However, a 2011 study conducted by the Agency for Healthcare Research and Quality found that isn’t the case. In most areas, including cancer care and quality of patient care settings, Florida was at the median; however, chronic care and nursing home options ranked below average. Though you might be in good health now, it is important to consider your options should you need specialized care in the future.

Ready to Retire in Miami?

Art Deco-style homes in South Miami, Florida.

Art Deco-style homes in Miami, Florida.

Of course, not all retirees and snowbirds flock to Miami proper. Vero Beach and West Palm Beach also offer numerous retirement communities where you can rent or buy. But without a doubt, Miami tops the list. If you have your heart set on South Florida, check out the full list of Miami-area retirement communities on

Your turn: Have you lived in or retired to Miami? If so, share your experiences with others in the comments below.



Five Florida Retirement Communities: Pros and Cons to Consider

Jimmy Buffett “Margaritaville” 55+ Community Coming to Florida

Retiring in Orlando: Pros and Cons for Seniors – Besides Disney

  • logo

    WHEREVER YOU is right at your fingertips.

  • About :

    Amber is the Director of Content Marketing for and has been with the company since April 2007. In her role, Amber strategizes, executes and optimizes a content and social media plans across multiple channels and platforms. This includes blogs, social networks, video sharing sites, and other conversational media. She spends a great deal of time building relationships with consumers, social media influencers, and bloggers to generate awareness of the brands. In her free time, Amber loves running, #hashtags, and DIY projects.


    1. Donald pauley says:

      Aloha mark
      I have a parrot& want to buy a small economy unit
      Mahalo don

    2. Lola Hut says:

      Housing availability for those over 55. Information on locations and affordability

    Speak Your Mind


    This site uses Akismet to reduce spam. Learn how your comment data is processed.