Research a Move
Perhaps you would like to move to a new location. There are many factors to consider when researching your favorite place to retire:
- Climate and low risk of natural disasters.
- Affordability, cost of living, and tax rates.
- Housing availability and costs.
- Local community resources and services.
- Social, cultural, educational, religious, political, hobbies or other areas that will maintain your interests and passions in life.
- Common interests of friends and neighbors.
- Public transportation, including airports.
- Job or volunteer opportunities.
- Quality of living.
Check into the overall cost of living for the location you plan to move to for retirement. The overall cost of living includes housing costs; goods and services such as food, health care, transportation, and utilities; and miscellaneous goods and services.
Website calculators can help you calculate the difference in cost of living between two locations. Here are three websites, each with a different way of presenting the data:
- Bankrate.com
- CNNMoney.com
- ASCCRA Cost of Living Index (fee charged)