5. Selling your house and moving to another state
Moving to another place might be tempting, especially if your family is not in the same city as you. But on the other hand, is this a wise decision? Like other myths we’ve mentioned before, moving to another state where the living costs are lower compared to your hometown is pretty common among seniors.
Of course, for some people, this might be convenient and ideal, especially if this decision wasn’t rushed. Make sure you take your time to think about making this big step before it’s too late!
Do a little research regarding the place you want to move to and find out all the ups and downs of that specific state.
Make your retirement awesome!
One Response
I retired and my husband passed away three months later. He was self employed and did not believe in retirement planning. I am so happy that I did. Every point made in this article is true. I work two part time jobs and receive Social Security and retirement.