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Persons: Daniel Mehalek, Mehalek, Dawn Bradbury, Jim, Ellen Diamond, Jim Diamond Organizations: News, Fortune, Sunshine State, . News, U.S . News, Business, Bureau Locations: America, South, Midwest, Chicago, Bonita Springs , Florida, Naples, Florida's, Illinois, Naples , Florida, , Virginia, Raleigh , North Carolina, Huntsville , Alabama, U.S, Washington, DC, San Francisco, New York City, Hastings, Hudson , New York, Midtown Manhattan
Two boomers who are moving to Florida for retirement say the state meets their retirement goals. The Illinois to Florida move in particular was one of the largest US migration patterns between 2021 and 2022. Daniel Mehalek, 61Daniel Mehalek, 61, lived in the Chicago area his whole life. Compared to Chicago, he's paying more on flood, homeowner's, and car insurance in Florida, though it's offset by the over $15,000 in Illinois state taxes he won't have to pay when he relocates. "Insurance is a challenge right now, but I still feel like that's a better situation overall than being in Illinois and paying the property and state taxes," Ron said.
Persons: boomer, , It's, hasn't, Daniel Mehalek, He's, Mehalek, I'm, Florida hasn't, Ron, he's Organizations: Service, Sunshine State, Business, Chicago, Fortune, Boeing, Citadel, Caterpillar, Illinois, Sarasota Locations: Florida, New York , California , New Jersey, Georgia, Illinois, The Illinois, Georgia , Texas, North Carolina, Chicago, Burr, California, Bonita Springs, Naples —, Wisconsin, Sarasota, New Jersey, Tampa Bay
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