Living in the Midwest (I’m based in Minneapolis) and having worked in financial planning for over two decades, I’ve seen countless “snowbirds” retire down South, with Florida being the most common destination. In fact, my own parents have gone back and forth to Naples for years now.
In general, Midwesterners love to head south in the winter. And for good reason. Who wouldn’t want to avoid our frigid temperatures?One of the most popular places to winter is Florida and for Midwesterners, the southwestern Gulf Coast is especially prized, particularly the Naples and Fort Myers areas. But before you commit to moving from the heartland to tropical Naples, take a minute to ask yourself this: do you know everything you need to know about retiring in Florida?