01 - Taxes
Retirement Tax Treatment
Florida levies no state income tax, meaning Social Security, pension, and retirement account withdrawals are all state-tax-free.
Source · Tax Foundation
79
6
Fact text
- Miami's nickname 'The Magic City' came from visitors who noticed it grew so fast year to year, it seemed to appear out of thin air.
- PortMiami is the busiest cruise port in the entire world, beating out every other port in both passenger traffic and cruise lines.
- Miami has the third-largest skyline in the U.S., with over 300 high-rises, more glass towers than most people picture when they think 'Florida'.
- Miami is the only major U.S. city founded by a woman, Julia Tuttle, a citrus grower who sweet-talked a railroad tycoon into extending his line to her swamp.
Your
Miami
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
461080
+
Total Population
$
44268
Median Income
$
344300
Median Home
17
%
Age 65+
Retirement Suitability
How
Miami
ranks for retirees?
52
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
79
Affordability
6
Healthcare
39
Climate
99
Results
Miami
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
6
03 - Healthcare
Hospital Access & Quality
The area has
17
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Warm / Subtropical
climate — summers peak near
88
°F, winters dip to about
63
°F, with roughly
0
″ of snow a year.
Source · NOAA Climate Normals
Warm / Subtropical
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Very High
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