FALL 2016 Retirement Guide
climate. A lot of people who are retired do not want to deal with the snow and ice and blizzards.” Former soldier Ben Humphries,
president of Vietnam Veterans of America’s Florida State Council, agrees — but also notes breaks on property taxes specifically for dis- abled veterans as well as entrance- fee discounts on state parks account for Florida’s popularity. “It seems like it’s a retire-
ment haven for everybody,” jokes Humphries, who served in the Army from 1967 to 1971, including two years in Vietnam. (Florida’s largest group of veterans — peacetime included — are Vietnam-era veterans, with about 515,000 calling the state home.) Florida’s homestead exemption
For those who’ve served, our retirement community serves you.
To see how our Life Plan Community can offer you a more fulfilling, happy, and remarkable retirement, please call 910.246.1023 or email
info@sjp.org
Your way of living.
100 Waters Dr, Southern Pines, NC 28387 910.246.1023 -
sjp.org
A member of the St. Joseph of the Pines Aging Services Network continuing the legacy of the Sisters of Providence.
70 MILITARY OFFICER SEPTEMBER 2016
provides all permanent residents with an automatic $25,000 exemp- tion on property taxes. This means a Florida home valued at, say, $40,000 would have only $15,000 considered for property taxes, which go to schools and local gov- ernments. For home values that ex- ceed $75,000, residents get another $25,000 exemption for the range of $50,000-$75,000 (home values fall- ing inside the range are prorated). This second $25,000, however, ex- empts only the local-governments portion, not schools. On top of that, veterans with a dis- ability of more than 10 percent get another $5,000 property-tax exemp- tion. Those who have a service-relat- ed total, permanent disability don’t have to pay property taxes at all. Despite these housing perks, Florida continues to struggle with veteran homelessness. As of January 2013, it had the second most nation- wide, with 5,505 — falling between California’s 15,179 and New York’s 4,659 — according to the National Coalition for Homeless Veterans.
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