Perhaps you picture yourself in your golden years lounging on a sandy shore, enjoying a great view of the vast blue ocean and feeling the warm breeze on your skin. If you want a place that promises a perfect combination of beach living and recreation, start checking houses for sale in Myrtle Beach, SC now. Here are the top reasons why many consider Myrtle Beach a retirement paradise.
Retirees flock to South Carolina each year for its lower tax rates. In fact, the state has been ranked as one of the Top Ten Most Tax-Friendly States for retirees by business and finance resource, Kiplinger.com. When it comes to income tax, the state offers a generous tax deduction for retirement incomes, and excludes Social Security benefits. Seniors also have the privilege of homestead exemption. With its relatively lower cost of living and tax rates, Myrtle Beach is considered as one of the country’s most affordable cities to live in.