When you become a retiree, you’ll find out that there are many important decisions you need to make for the future ahead. One of them is where you will live. Should you plan and prepare for moving out of California after retirement, or should you stay? But, there’re pros and cons for both options. So, you have to find the time to think and decide what you want to do with your life from now on. Plus, there’re many important financial and lifestyle factors to consider before deciding whether or not moving out of California after retirement is worth it.
Here are the pros and cons:
Relocating to a more affordable city – Pro
When you become a retiree, your top priority should be keeping expenses to a minimum. The good way to do this is to move to a place that has a lower cost of living. There are some states and in-state areas in the USA that are cheaper to live in than others. So, relocating there can give you the financial freedom to live the post-retirement life you want. But, you have to learn how to deal with moving stress.
Downsize home to cut living costs – Pro
Should you be leaving California and moving to Hawaii? Well, if your home is bigger than you need, and you have rooms that you’re not using, then yes, you should seriously consider this idea. Moving to a smaller home will reduce your living costs. Also, you will have more free time for yourself. Because smaller houses or apartments require fewer maintenance tasks. So, downsize fairly early in your retirement and maximize the advantage of cost savings.
Moving out of California after retirement – Relocate closer to the family
One of the biggest advantages of moving out of California after retirement is the chance to be closer to children and grandchildren. When you don’t have a job to anchor you down, it’s perfect for you to relocate closer to your family. Of course, if that’s what everybody wants. You can learn some moving tips and tricks on sites like losangelestransfer.com.
Other pros of moving out of California after retirement
Here are some other advantages of moving after retirement:
- Getting better or cheaper healthcare
- Finding a climate that is better and healthier
- Having more recreational options
Missing family and friends – Con
One of the biggest cons of moving out of California after retirement is leaving good friends and family members. Once you relocate, you won’t be able to see them and spend quality time with them like you use to. That’s why, from an emotional point of view, it’s a tough decision to move after retirement. Especially if you plan to relocate abroad after retirement. If that’s the case, then you should learn how to save money while hiring reputable movers in the US.
Other cons of moving out of California after retirement
Relocating after retirement also has many drawbacks that you need to know. Some of them are:
- Moving away from the place you’ve lived in for years
- Maybe your partner doesn’t share your moving enthusiasm