Top Three Retirement Moving Mistakes

Avoid These Retirement Relocating Mistakes

First Published Date: May 16, 2013 ADawnJournal.com

As you are not tied to any location once you are retired, it opens up endless possibilities to move to any place of your choice. However, jumping too conclusions too fast without considering a variety of things can cause lots of trouble. Here are some common things to consider before moving to your dream place.

Moving to An Unknown Place – Moving to a place where you don’t know anyone sounds like an adventure, but consider the drawbacks as well. You will be losing your support groups like friends and family, known health care providers, familiar stores, car mechanics, home contractors, and so on. In case of emergency, when you need someone to fix something or for other assistance, you will have a much tougher time getting the help you need right away.

Buying vs. Renting – Do not buy a new place in a new community without finding out more details and spending enough time at that location. If your new destination is near your current home, you can find out a lot more without living there physically. However, if it’s a place far away from your current location, it makes sense to rent for a while and experience how things are there without buying a place.

Don’t Forget These – There are many other things to consider before moving to a new place. Here are some of the most important things you need to check out: cost of living, climate, outdoor activities, indoor activities, what sorts of people live there, if it is a high-tax or low-tax area, how safe the neighbourhood is, how far it is from a major city, how far from an airport or a train station, what types of public transports available, and so on.