5 Reasons to Retire in Mount Pleasant, SC

When considering a place for retirement, Mount Pleasant, South Carolina, offers a compelling mix of coastal charm, community, and financial benefits. Here are the top five reasons why many people choose to retire in Mount Pleasant, SC:

1. Favorable Tax Policies and Healthcare Costs for Retirees

South Carolina is a financially attractive state for retirees, and Mount Pleasant is no exception, offering significant financial benefits that can make retirement more comfortable. While the cost of living can be higher than the national average, particularly for housing, the tax landscape and other financial advantages can make it a very attractive place to retire.

A major advantage is that the state imposes no state tax on Social Security benefits and allows seniors to deduct up to $10,000 of other retirement income, substantially reducing their income tax burden. For homeowners, the state offers one of the lowest property tax rates in the country, further sweetened by the Homestead Exemption, which exempts the first $50,000 of a home’s value from property taxes for those 65 and older. Lastly, retirees can benefit from lower-than-average healthcare costs, helping to manage a significant expense that often increases with age.

2. The Coastal Lifestyle and Natural Beauty

Mount Pleasant is a picturesque coastal town that provides a serene, waterfront setting. The area is defined by its stunning natural landscape, from tidal creeks and marshlands to the nearby pristine beaches of Sullivan’s Island, Isle of Palms, Folly, and Kiawah. This geography allows for a retirement filled with outdoor activities like boating, fishing, kayaking, and golf. The mild, subtropical climate means that these activities can be enjoyed year-round, and the area is home to numerous parks and trails, such as the Memorial Waterfront Park and the Palmetto Islands County Park, perfect for a daily walk or bike ride. The proximity to the water creates a relaxed, vacation-like atmosphere that is ideal for a post-work lifestyle.

3. Mount Pleasant Is A Vibrant and Welcoming Community

The town is known for its strong sense of community and friendly, welcoming atmosphere. Mount Pleasant is home to a number of active adult and retirement communities that cater specifically to the needs and interests of retirees, offering everything from social events and hobby groups to state-of-the-art fitness centers and swimming pools. Beyond these communities, the town itself is a hub of activity. Residents can enjoy local events like the Mount Pleasant Art Fest and the Blessing of the Fleet, and the Old Village District provides a charming area for shopping, dining, and socializing. The community-oriented environment makes it easy to form new friendships and stay socially engaged.

4. Exceptional Healthcare and Amenities

Access to quality healthcare is a critical factor in choosing a retirement location, and Mount Pleasant excels in this area. The town has access to top-notch medical facilities, including Roper St. Francis Mount Pleasant Hospital and a wide range of specialized healthcare providers. For those who may require more comprehensive care later in life, the area is rich with continuing care retirement communities (CCRCs) that offer a spectrum of services, including independent living, assisted living, and memory care. Beyond healthcare, the town has all the modern conveniences, including a wide variety of grocery stores, shopping centers, and diverse dining options.

5. Proximity to Charleston

Mount Pleasant is a suburb of Charleston, one of the most historic and culturally rich cities in the South. This proximity provides retirees with the best of both worlds: a peaceful, suburban home base with easy and quick access to a major cultural hub. A short drive away, Charleston offers a wealth of additional attractions, including world-class restaurants, historic sites, theaters, and a vibrant arts scene. This means that residents of Mount Pleasant can easily enjoy the benefits of a big city—from fine dining to cultural festivals—without the traffic and high cost of living of downtown Charleston itself. The combination of Mount Pleasant’s quiet charm and Charleston’s bustling energy ensures that there is always something new to explore.

Retirement is more than just numbers; it’s about crafting a future that resonates with your dreams and realities. Mount Pleasant, with its blend of affordability, charm, and quality of life, presents an attractive canvas for this next chapter. With the right preparation and guidance, your retirement in Mount Pleasant, SC can be not just a possibility, but a rewarding reality. Ready to plan your visit to Mount Pleasant? Check out these 30 Things to do in Mount Pleasant, SC.

It would be our pleasure to see you at Runey & Associates Wealth Management when you decide to retire in Mount Pleasant, SC !