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Five things to consider before relocating in retirement

by , 09 October 2014

Are you considering relocating after you retire? Many soon-to-be retirees consider this option, either because they want to live on less, either because they want to change the scenery.

Before you make such an important decision, however, you must carefully assess all the pros and cons of relocating. Maybe you haven't taken all aspects into consideration, so it's time you should.

Here are five important things to consider before making the decision to relocate in retirement.
 
1. Access to health care
 
In retirement, access to quality health care becomes a priority. You are not young anymore and various health issues are bound to arise, sometimes when you least expect it. That’s why you should make sure the place you consider relocating to has access to premium health care. Access to specialized physicians, good hospitals, and emergency care are essential.
 
2. Weather
 
If you’re used to a certain climate after having lived in the same place all your life, it’s important to find out if you can handle the change of weather. If you used to live in a place with dry climate, it may be very difficult to get used to living in a humid climate. The same goes for warm and cold weather.
 
3. Cost of living
 
You should aim to move to a place where the cost of living is more affordable, not the other way around. You may not notice it now, but certain locations have a higher cost of living, with higher prices for food, utilities, or gas. Study the prices in the area before making the decision to relocate.
 
4. Family and friends
 
If your family and friends are all located where you currently live, then it might be quite difficult to move away from everone you love. You should reconsider relocating if you will find yourself alone in the new town, since it may be harder on you emotionally.

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5. Retirement activities
 
Before moving, take a look at the activities available for retirees in the area where you intend to relocate. You will have a lot of free time during retirement, so choose a location where you many options to engage in activities with like-minded individuals. Look for places where you can spend time outdoors, play sports, go walking, golfing, or fishing.


Five things to consider before relocating in retirement
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