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"South Carolina has all sorts of appeal for retirees. For starters, you have the incredible weather. The Palmetto State experiences relatively mild temperatures year-round-rarely will it snow in the Lowcountry-and its summers are famously warm. The subtropical feel allows for plenty of golf, walks on the beach, fishing, gardening, boating, and hiking, all of which are hobbies beloved by many retirees."
"Then, you have the financial considerations. South Carolina doesn't tax Social Security benefits; there are generous retirement income deductions; and the cost of living across the state is 6 percent lower than the national average. Through the Homestead Exemption benefit, South Carolina homeowners over age 65 are also eligible for a tax exemption of $50,000 off the value of their legal residence."
South Carolina offers mild year-round temperatures with famously warm summers and rare snow in the Lowcountry. The subtropical climate supports golf, beach walks, fishing, gardening, boating, and hiking. Social Security benefits are not taxed, and the state provides generous retirement income deductions. The overall cost of living is about 6 percent lower than the national average. Homeowners aged 65 and older can receive a Homestead Exemption of $50,000 off the value of their primary residence. Local real estate experts have identified multiple towns and communities across the state as appealing retirement destinations.
Read at Travel + Leisure
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