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Knowing when to retire is a challenge in itself, but deciding where you want to live in your encore years<\/em>\u00a0can be\u00a0equally\u00a0perplexing.\u00a0 One option is to stay right where you are (known as “aging in place”), but keep in mind your present home\u00a0could become a financial burden in the distant future.\u00a0Also,\u00a0your current accommodations\u00a0may need some structural\u00a0changes if mobility ever becomes an issue.<\/p>\n Relocation always seems like an attractive option but this too will require some deep analysis. Are you wanting to be near your grandchildren, aging parents or your own children?\u00a0 Or do you simply want to run away to the mountains, to warm beaches\u00a0or even to an urban\u00a0center with lots of cultural and entertainment choices. For some, a second home\u00a0could prove to be a good interim choice\u00a0allowing more time to check out the area before making the final leap.<\/p>\n Obviously, one size does not fit all\u00a0–\u00a0both financially and emotionally. It is imperative, however, that you and your spouse are on the same page and that you also have some discussions with friends and family before making any major decisions. Even the location and quality of medical services needs to be factored into the relocation equation.<\/p>\n Knowledge is king\u00a0if you are seriously\u00a0planning\u00a0a move in\u00a0retirement.\u00a0 Fortunately,\u00a0abundant information can be found on the websites of US News and World Report, Forbes, AARP, Kiplinger<\/em> and Money Magazine.\u00a0 <\/em>They all provide reports covering \u00a0topics as diverse as:\u00a0 Bargain Places to Live, Best Places for Military Vets, Best Towns for Wine Lovers, Places with the Youngest & Oldest Populations, Terrific Towns\u00a0for Second Careers, \u00a0Sunniest Places to Retire, Most Affordable Mountain Towns, etc.\u00a0 <\/em>Again, doing your homework beforehand will make a huge difference in choosing the place that ideally matches your real needs and desires.<\/p>\n <\/p>\n <\/p>\nShare this:<\/h3>