It is common for retirees to move. The move is not always a large across-the-country relocation to a sunny retirement community, but is often moving into a home that is more suitable to their needs, such as into an apartment to avoid the maintenance a house requires or to a neighborhood closer to family. However, it also common for retires to not make the move until a health crises makes it immediately necessary. Experts advise that individuals make plans for their post-retirement move around mid-fifties while still in good health rather than waiting until later in life when health problems are more prevalent and moving is more difficult.
See Elizabeth O’Brien, Want to Move When You Retire? Start Planning Now, Market Watch, March 5, 2015.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.
