Retirement; Should We Move to Another State or Location?

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As people start planning for retirement they sometimes consider moving house to their “ideal” location. This is often the place they spent their most enjoyable holidays. While such a move may appear to be highly desirable many who make the move live to regret it. · After a few months, some find that day to day life in their former holiday destination is not as glamorous as they thought. · Some find themselves missing extended family and old friends. · The new area may not have the same level of infrastructure such as public transport, hospitals, shopping centres. · Some move against their will due to pressure from a partner. If either partner is unhappy though, eventually it will effect both people. By the time a decision to move back home is made, any money that may have been realised from moving to a less expensive area, may have been spent so that moving back to the old neighbourhood may now be financially out of reach.


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Shane Gourley

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