There was an earlier poster in this thread that talked about good medical care, what good hospital is around Lewes? Is that really where you want to be if you are older with significant medical problems? |
I assure you, not "everyone" is doing this. |
My dad is thinking about moving to Delaware from Maryland because Maryland's estate tax is so high, and Delaware doesn't have one.
Seriously. |
Well, about 70% of all the folks I know who have just retired.That is a lot of people. The others that I know have specific reasons that require them to stay such as grandchildren, unwillingness to leave their home, still caring for parents, or a chronic illness that is better managed here or really just don't like the beach area, or theylike the beach aream but not this beach area. Some have moved to Florida, some have moved to the Northern Neck. However, all in all, most are going to Lewes or the environs of Lewes. |
Delaware has cheap cheap property taxes, no sales taxes and closer to NYC.
But it is all relative. It makes more sense but a cheap older small condo by beach in Florida and live there six months and one day and keep your regular house in retirement. And cost of living is BS as old folks don't spend money. My two widowed Aunts both live in Manhattan and think it is cheap. Of course it cheap they are both 90 and one has a rental controlled apt and the other a coop she bought 40 years ago. |
Oh my GOD!! I love you!! I mean that! |
MD's estate tax is not "high"-- it's 16% on the value above $3 million (5.5 million as of 2019). |
There are a lot of like-minded people from the DMV and tri state area. Low taxes. Easy to get back to NY, DC. The beach. The arts. Fishing. Great restaurants (esp in downtown Rehoboth). Place friends and grandkids will want to visit.
But seriously - I get the buy off highway for cheap but really, in-town anywhere (RB, Lewes, Milton) will appreciate best. Milton is wonderful too. They need a good CCRC down there - none yet. |
Beebee medical center is in Lewes. My father has had heart surgery there, and had cancer treated there, and they have done a great job with him. There is a cancer center in Lewes also that is good facility as well. |
The PP was talking Lewes, not Rehoboth. I doubt Rehob is much different though in that there are the "main trafficked" roads (such as 1, Rehoboth Ave) and there are other, less trafficked Roads. For instance, you can get off of 1 and take Plantation Rd down through to Airport Rd to avoid the traffic on 1 through Lewes/N Rehob. |
Shhh. Don't give away our secret! |
I know people who retired there and the huge issue is medical care. Beebe is awful so for anything serious you will need to travel elsewhere for care. It's something people didn't seem to consider before retiring there and it's a big issue. |
Where do you go in winter? |
Yes, it is significant. |
So far, people are happy. I know someone going for extensive radiation in Newark, but almost everything was done in the beach area. |