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Old 11-27-2017, 02:57 PM
 
Location: West Hollywood, CA
1,367 posts, read 1,523,117 times
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should I move?

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Old 11-27-2017, 03:20 PM
 
Location: Florida -
7,856 posts, read 9,309,541 times
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On what basis are you making that decision? --- $130K-$140K will likely buy you a higher living standard than Hollywood, Ca., but, you may find available amenities somewhat lacking.
(We've lived/retired here in Destin, Fl. (from Satellite Beach) about 5-6 years ago. It's a beautiful area, but, not for everyone.
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Old 11-27-2017, 11:00 PM
 
1,076 posts, read 328,008 times
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Quote:
Originally Posted by jghorton View Post
On what basis are you making that decision? --- $130K-$140K will likely buy you a higher living standard than Hollywood, Ca., but, you may find available amenities somewhat lacking.
(We've lived/retired here in Destin, Fl. (from Satellite Beach) about 5-6 years ago. It's a beautiful area, but, not for everyone.

When you say, not for everyone, could you elaborate? We have relatives who are thinking about retiring to Destin.
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Old 11-27-2017, 11:26 PM
 
Location: New York, NY
1,561 posts, read 927,475 times
Reputation: 1832
You could but you won’t...
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Old 11-28-2017, 12:19 PM
 
Location: Niceville, FL
6,940 posts, read 14,637,086 times
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Defense contractor? Some of the techies in that realm can make quite good money.

As for moving, what are your expectations? If you're thinking of living within a block or two of the beach, that kind of money won't go as far as you think it would- lots of second homes down here for people who make far more than that. If not, that's a good salary for the area, provided you aren't talking commissions and sales bonuses as a big chunk of that, since those are probably a bit optimistic.
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Old 11-28-2017, 12:21 PM
 
Location: North Carolina - Ex-NYer
814 posts, read 308,213 times
Reputation: 864
From a purely financial standpoint, the answer is clearly yes. No state income tax to erode that salary.
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Old 11-28-2017, 02:00 PM
 
Location: Florida -
7,856 posts, read 9,309,541 times
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Default Not for everyone.

Quote:
Originally Posted by Lizap View Post
When you say, not for everyone, could you elaborate? We have relatives who are thinking about retiring to Destin.
In our case, we lived on the Central Fl. East coast in Satellite Beach ... for about 25-years: small town feel, warm year-round, barrier island somewhat isolated from typical Florida traffic. Destin is primarily a tourist town. The traffic on Hwy 98 (ONLY main road) is horrific 8-10 months per year. Most of the amenities consist of tourist-priced restaurants. The winter weather here approximates that of L.A. (lower Alabama) and gets pretty cold 3-4 months per year. There is no high school and the kids bus to/from Niceville or Ft. Walton Beach. Housing prices are largely driven by part-time, 2nd/3rd home owners (not local businesses or workers). Also, property taxes aren't low, yet, because of the lower full-time resident population, much of the tax base gets shuffled elsewhere in Florida.

On the PLUS side, the 'sugar' beaches and water are prettier than anywhere else in Florida (or the U.S.) ... providing you can get to them. For those moving from up-Nawth, the colder Destin weather is still warmer than Ohio, Indiana, etc.. The fishing and boating here are excellent .... and most importantly, our daughter and two of our grandsons live here!
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Old 11-29-2017, 02:46 PM
 
1,076 posts, read 328,008 times
Reputation: 884
Quote:
Originally Posted by jghorton View Post
In our case, we lived on the Central Fl. East coast in Satellite Beach ... for about 25-years: small town feel, warm year-round, barrier island somewhat isolated from typical Florida traffic. Destin is primarily a tourist town. The traffic on Hwy 98 (ONLY main road) is horrific 8-10 months per year. Most of the amenities consist of tourist-priced restaurants. The winter weather here approximates that of L.A. (lower Alabama) and gets pretty cold 3-4 months per year. There is no high school and the kids bus to/from Niceville or Ft. Walton Beach. Housing prices are largely driven by part-time, 2nd/3rd home owners (not local businesses or workers). Also, property taxes aren't low, yet, because of the lower full-time resident population, much of the tax base gets shuffled elsewhere in Florida.

On the PLUS side, the 'sugar' beaches and water are prettier than anywhere else in Florida (or the U.S.) ... providing you can get to them. For those moving from up-Nawth, the colder Destin weather is still warmer than Ohio, Indiana, etc.. The fishing and boating here are excellent .... and most importantly, our daughter and two of our grandsons live here!

Thanks. Good assessment. That's about what I figured.
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