(Backman, 2016)
Though you've probably heard that retirees have a tendency to flock to warmer climates (hello, Florida) in droves, the trend is actually less popular than you may have been led to believe. In 2014, only 5% of seniors made the decision to move, marking a return to pre-recession levels. And while there are emotional and logistical factors that go into the decision (think proximity to family, climate, and entertainment options), I'm not here to talk about any of those.
I'm here to discuss the financial aspects of moving, and what you might stand to gain or lose by relocating before you retire.
Click here to read more.