| UGA Today

UGA research shows how retirees strengthen Georgia’s economy

The State of Georgia can bolster its economy by attracting more retirees, according to research from the University of Georgia's Selig Center for Economic Growth The state's warm weather, natural amenities and an inviting tax structure make Georgia an ideal place for retirees, who in return bring money, jobs and economic security, said Jeff Humphreys, director of the Selig Center. For every 1.8 retirees who migrate to Georgia, one job is generated to cater to them. For every 100 retirees, 55 jobs are created. The jobs tend to be in hospitals, home construction, food and beverage services, doctor's offices and real estate, but the multiplier effect ripples throughout the economy.