Since you’re no longer tethered to your job, you can choose whether to move or stay where you are. And if you move, you might relocate to a different city, state or country. You can live closer to family to have a better retirement living environment or to pursue a different dream.
There are so many pros when it comes to moving after your retirement. We will list the more important ones just to warm you up:
Save Money
When it comes to the cost of living, save money by moving to a much cheaper area. Not only in terms of house prices but also terms of groceries, activities, taxes, etc. It would also be a good idea to downsize your home to make it more convenient for you to live in. You probably don’t need the extra space anymore.
Choose Your Climate
People often move to places that are closer to their work. This means that you may have moved to a city that is too expensive, congested, busy or simply has bad weather. When you retire, you can move to a location that better suits your climate-loving needs. Do you like the sun? Then Florida is the place for you. How about some snow? Check out Alaska. The thing is that the world is now open to you and you can choose the climate of your dreams.
Live near your family
You can chose live closer to your children to have strong relationships with your grandkids. Being able to show up for the athletic events, school concerts and birthday parties can be a rewarding way to spend your retirement years.
Let us know if are planning to move in retirement or not.
Questions, comments, or concerns? We’d love to hear from you! Send an email to staff@winninginwealth.org or book a call at Shateka.com.
@shatekahusser and download your retirement planning workbook so you can begin TAKING ACTION toward your retirement.
