Skip to comments.7 reasons not to move when retiring....or to move
Posted on 01/23/2014 9:45:16 AM PST by rstrahan
. It might seem fun to move to a new place in retirement that has nice weather, more leisure activities or a significantly lower cost of living. But there are also many drawbacks of moving away from your friends, family and support system. Most people don't relocate in retirement, and those who do tend to move only very short distances. Just 6 percent of those age 60 and older changed residences between 2008 and 2012, and more than half of the people who traded places stayed within the same county, according to Census Bureau data. Here's why you may not be better off if you move to a new place in retirement:
(Excerpt) Read more at finance.yahoo.com ...
>>>> Just 6 percent of those age 60 and older changed residences between 2008 and 2012
2008 to 2012 time frame would be bad to based the article on.
Multiple ‘Recovery Summer’ notwithstanding .....
You’re comments are right on. The original article had all of the financial gravitas of most Yahoo! finance recommendations. :/
You are right about all of that. I sold my home of 20+ years and moved into a home that is smaller but paid for and much less in property taxes(14,000 vs 4800). In terms of memories you are right, those are right where they belong, in my soul. NO need to be attached to materials.
We left our families in Seattle in 2011 for central KY. Love it here, though I don’t see my 20-something daughters as often as I’d like, but their life is their life and mine is mine. Now, if they gave me grandchildren it would be much more difficult.
Stay away from those nice places! Those are strictly for the limousine liberals.
Retirement is the perfect time to escape from a LIB/DIM area to a more Conservative one. There is a real world and friendly people beyond the LIB/DIM-poisoned areas.
I escaped from NY in 2000 when I retired and relocated to the beautiful bayou state of Louisiana. I also left a blue state for a red state.
we won't move anytime soon...hubby just had a big shop built, and he himself built a very professional meat shop and walk in cooler inside the bigger shop.....then of course is that little nusense called a "job" which believe me, we are thankful for...
Well, we are now about 7 hours from our grandkids and moving here is what has allowed me to be able to build a shop in the first place. ;)
We’ve gone from the land of 6,000 square foot lots to a 32 acre farm with woods and a 100 year old 40x60 barn. I’ll be adding shops and other out buildings as time permits and need arises. We had to move out here to do it.
FYI If you’re in California and 55 or over.
You can sell your home and buy one for less and transfer your property taxes, if you move within or too one of the southern Cal coastal counties, ex: San Diego.
Propositions 60 and 90.
I live in Massachusetts.
Beat that one Emily.
retirement?? no money to retire.. I will work until I am forced to leave my position...at that point, I will most definately leave California, for affordable areas.
Your comments, plus hal ogen's, are right where my mind is. Hoping to retire in 10-12 years or so and move south...RED STATE is the #1 criteria, followed by climate, taxation, cost of living, etc. Have thought of South Carolina, Texas, Oklahoma, Tennessee, Georgia, Bama (but for some reason never Louisiana).
Would love to hear any thoughts on these or other states either by post or private message. Thanks!
If you don’t mind I would like to know what part of Louisiana.
Left Mexifornia for Arizona in 1994 and have never looked back!!!
Check out the home prices in Gonzales, La. Shocking!
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