Increased cost of living pushing retirees out of Florida | Morning in America

What was once thought of as the ideal place to live out your golden years is not so much anymore as remote workers and those who are wealthy are moving in droves and driving up home prices.

#retirees #florida #inflation

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[lisamaurizi]

I had to leave Florida after I started dipping into my savings account every month to make ends meet. Insurance and HOA fees total my whole Social Security check.

[janetlewis]

Come to Mississippi we love old people.

[SophiaChristian-soof]

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420, 000 losing value because of high inflation. Where else can we keep our money?

[barbbrinkerhoff]

Increased costs are hitting seniors very hard

[TheWorldIsMineForTheTaking]

Ohhhh, you think remote workers are driving up the cost? Not the builders with their "55+ resort style communities" STARTING AT $900, 000? No, of course not - it's remote workers 🙄🙄🙄🙄🙄

[thatwifelife]

Someone tell Desantis his voter base can’t afford to live there. In 10 years, FL will be a blue state.

[Ksb]

Yet Desantis wants to fight with Mickey Mouse 🙄🙄

[darkjedi]

To my American friends especially with mid-to-low economy like me

Just out of curiosity, can you share the price of essential things in your area?
Like food ingredients, car fuel, electric bill, etc?

Just wanna compare the level of survival mode...

Thanks before!

[mazie]

That's what they want. They can build 400k condo's on top of what they've already built
My aunt left. Went to SC much cheaper rent for her

[johncoyne]

Dennys grand slam is $15.99 in Florida.

[AntonioBianh]

I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

[williamramos]

Everyone is screwed. Oh wait let me exclude the ones running the show.

[ryannada]

Then why was I just swarmed by them at Duffys?

[raymondcouture]

At 2:06 Seniors going back to work...like if their old jobs were waiting for them.

[caseymajor]

If you didn’t want to work and wanted things done for you, should’ve voted left 😂😂😂✌️ bye…

[donaldnewman]

Like people Care! What ever happened to you people, it is well deserved. You keep voting for people like DeSantis and the Republican party. Don't forget about the Cuban people you let come there and take over your State