Choosing a Place to Retire

Are you thinking about retiring? There's a lot to do to prepare for retirement, including deciding where you want to live. When you retire, your needs change, and that's when many people think about moving to a place they've always loved, a place closer to family or closer to cultural activities or outdoor spaces that are of interest. Once you're serious about moving, the first step is to do some research. 

Look into local costs for housing, taxes, health care, food and utilities. Check out the local amenities. There's no point in moving to a new area if you'll be too far from the attractions that interest you.

Things to Consider

• In retirement years, it's especially important to have good access to quality health care. When problems arise, you'll want fast access to respected health care providers, hospitals and in-network specialists.
• Research crime statistics and reviews of local law enforcement. Consider your safety in both the daytime and nighttime.
• Check to see where local amenities are - How far are you willing to go to get to the nearest grocery store, dry cleaner, library, etc.
• Do you have hobbies? Check out walking paths, places to eat and shop, places to enjoy doing crafts or exercise — and places that offer senior discounts. 
• Look for states that offer tax breaks for retirees or that protect the transfer of assets when you die. There's a reason many people move to Florida when the retire! But there are other states that offer tax breaks as well.
• Factor in transportation. Moving to a place that's walkable and has good transportation, a temperate climate and access to recreation helps you stay active longer, resulting in you being healthier longer!
• If you like to travel, choose a spot that's not too far from an international airport.
• Consider renting in a new location before buying. That will give you a chance to know whether this is the place where you want to spend your retirement.

The key to a happy retirement and aging well is having ongoing opportunities for engagement, connections and lifelong learning - and loving where you live!

Let us know if you're thinking about retirement and we'll help you find just the right spot.