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Thinking about Relocating in Retirement? Important Points to Consider

For many people, retirement means relocation. Some people already have a very good idea of where they are going—they may have made a plan to move closer to family or to fulfill their dream of permanently settling in one of their favorite international vacation spots with which they are already very familiar.

But, then there are the people who want to relocate, but may not be so sure exactly where they want to make their new home. If you fall into this category, it is important you give the matter serious thought. While no decision is permanent, picking the wrong spot and moving again will likely be an expensive and frustrating process. Here are a few tips to help you make your decision with confidence.

Determine Your Wants and Needs

It is important you take the time to really dig into what you want and need in a location. The more specific you get, the easier it will be to evaluate the various locations you may be considering. Determine the things you absolutely must have, and then the things that you would like, but are not absolutely crucial. This will give order and clarity to your search. You will be able to make a decision with greater confidence. Do you have a preference for a certain type of weather? Is it important you be in close proximity to certain types of amenities or activities? How far from family are you comfortable being?

Stay in a Place for Awhile to Get a Feel for What It Would Be Like to Be a Resident

Once you retire, you are no longer limited to vacation time as dictated by your company. If you are trying to decide between a few different places, why not spend at least a month or two at each place to get a more realistic idea of what it would be like to live there. Lots of spots seem perfect when we are only there on a short vacation, but staying long-term is a whole different ballgame. If you think you would love the year-round warm weather of Arizona, golfing all the live long day, look into some furnished short-term apartments in Phoenix to see if you can hack the heat. Sites like AirBNB can hook you up with furnished accommodations all over the US and the world.

Don’t Just Think of the Short-Term

While it might bum you out to think about getting older, slowing down, and possibly grappling with myriad health problems, it is something you want to work into the equation when deciding on a retirement location. Maybe you love driving now, but at some point, you may prefer not to, or be unable. Is there good public transportation? Are there amenities in walking distance of where you would get a home?

If you have a health problem that may worsen with age, and you would need to see a specialist, are there any within a reasonable distance? How are the hospitals in the area? What about if you were to ever leave your home to go into an assisted living facility or nursing home? Are there quality facilities nearby? What are the average costs?

Don’t just think about now, think about the future as well.

While this is certainly not an exhaustive list of considerations, they are three particularly important ones that will help you pick the best place and make your move with confidence.

Foreign Real Estate Investors: How to Purchase Real Estate in the USA?

Telmo Bermeo Real Estate Broker

About Telmo Bermeo

Small Business Owner, specializes in marketing homes for sale in the Atlanta Area by using the most up to date Internet Marketing Tools.

Real Estate Broker serving the Atlanta Metro Area, for over 12 years. If you are planning to buy or sell your home in Atlanta, call Telmo Bermeo at 770-309-6417

More Posts By Telmo Bermeo

Atlanta Real Estate

New Listing - 23 hours online
$1,185,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,682
SQFT
822 Argonne Avenue NE
Atlanta, GA 30308
Midtown Subdivision
$1,100,000
Townhouse For Sale
Active
4
BEDS
4
TOTAL BATHS
2,402
SQFT
Midtown #A
818 Glendale Terrace NE
Atlanta, GA 30308
$1,100,000
Townhouse For Sale
Active
4
BEDS
4
TOTAL BATHS
2,465
SQFT
Midtown #B
818 Glendale Terrace NE
Atlanta, GA 30308
$2,795,000
Condo For Sale
Active Under Contract
3
BEDS
4
TOTAL BATHS
3,300
SQFT
One Museum Place #3H
1301 Peachtree Street NE
Atlanta, GA 30309
$1,111,175
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,345
SQFT
40 West 12th #901
40 W 12th Street NW
Atlanta, GA 30309
$802,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,412
SQFT
J5 #603
775 Juniper Street NE
Atlanta, GA 30308
$935,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,634
SQFT
J5 #429
775 Juniper Street NE
Atlanta, GA 30308
$556,000
Condo For Sale
Active
1
BED
1
TOTAL BATH
1,020
SQFT
J5 #513
775 Juniper Street NE
Atlanta, GA 30308
$795,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,422
SQFT
J5 #523
775 Juniper Street NE
Atlanta, GA 30308
$775,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,424
SQFT
J5 #607
775 Juniper Street NE
Atlanta, GA 30308
$749,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,412
SQFT
J5 #405
775 Juniper Street NE
Atlanta, GA 30308
$677,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,282
SQFT
J5 #419
775 Juniper Street NE
Atlanta, GA 30308
$729,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,282
SQFT
J5 #330
775 Juniper Street NE
Atlanta, GA 30308
New Listing - 4 days online
$819,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,460
SQFT
J5 #612
775 Juniper Street NE
Atlanta, GA 30308
$708,000
Condo For Sale
Pending
2
BEDS
J5 #211
775 Juniper Street NE
Atlanta, GA 30308
$1,173,500
Condo For Sale
Pending
2
BEDS
3
TOTAL BATHS
1,652
SQFT
40 West 12th #1002
40 W 12th Street NW
Atlanta, GA 30309
$2,190,150
Condo For Sale
Pending
4
BEDS
4
TOTAL BATHS
2,545
SQFT
40 West 12th #906
40 W 12th Street NW
Atlanta, GA 30309
$604,130
Condo For Sale
Pending
1
BED
2
TOTAL BATHS
932
SQFT
40 West 12th #803
40 W 12th Street NW
Atlanta, GA 30309
Open House Sat, Mar 6, 12 PM UTC
Please verify times due to COVID-19
$950,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,525
SQFT
40 West 12th #1501
40 12th Street NW
Atlanta, GA 30309
Open House Sat, Mar 6, 12 PM UTC
Please verify times due to COVID-19
$2,031,900
Condo For Sale
Active
4
BEDS
4
TOTAL BATHS
2,537
SQFT
40 West 12th #1206
40 12th Street NW
Atlanta, GA 30309

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