William Wells, who owns a diversity consulting business, at home in Eden Prairie, Minn. Some studies have found that delaying retirement is good both brain and body. Wells, 72, cut back to 15-20 hours a week several years ago, not counting networking and going out to dinner with potential clients. (Jenn Ackerman/The New York Times)
Photo: The New York Times
Photo: The New York Times

4 myths about retirement in Georgia

When people think of retirement, Georgia doesn't automatically come to mind. Maybe it's because of these myths about retiring in the Peach State. Let's bust them.

Myth No. 1: Where's the beach? Retirement doesn't have to mean a move to the Sunshine State. If you're looking for sun, sand and leisure, retiring in Georgia is actually a great option. Try setting up near five of Georgia's best beaches or one of the often overlooked beaches near Atlanta.

Myth No. 2: It doesn't make financial sense. On the contrary, Georgia ranked No. 3 on Kiplinger's list of the 10 most tax-friendly states for retirees. In addition, state residents 65 and older can exclude up to $65,000 of their retirement income from state income taxes. Or they can exempt all state property taxes on their home and up to 10 acres of land.

Myth No. 3: The Peach State is just outdated. Sure, Georgia's got its fair share of Southern history (and charm) but that doesn't mean it's stuck in the past. With all the hip festivals, Atlanta's CNN CenterSavannah's Jepson Center for the Arts and much more, Georgia is definitely not passé.

Myth No. 4. We're boring. Music, art and sports only scratch the surface of fun in this state. You can cheer on the Hawks, Braves, Falcons and more. And how about a visit to the Georgia Aquarium, the world's largest? Or Zoo Atlanta? And have you experienced the exhilaration of Six Flags? The list goes on and on.

The evidence says it all. Interested in retiring in the Peach State? Read more related news below.


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