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Will You Relocate in Retirement?
In a post on www.kiplinger.com, Kiplinger’s Personal Finance editor-at-large Janet Bodnar takes a look at the thought processes that often go through the minds of the newly-retired…to move or not to move. Bodnar points out that studies by Age Wave and Bank of America Merrill Lynch indicate “that 36% of retirees do not anticipate moving in retirement. But more than one-third (37%) of retirees have moved, and 27% expect to move at some point.” She provides some thoughts on the pros and cons, and suggests some items that need to be considered in making the decision. Check her post out here…