When Bankrate surveyed 1,001 adults of all ages and asked, “Would you move in retirement?” 68 percent of respondents from the Midwest said they would consider moving, with many citing their desire for a nicer climate.
Earlier this year, United Van Lines released their National Movers Study which analyzed the migration patterns of 27,000 customers who made an out of state move in the past year. Unsurprisingly, New Mexico, Florida, and Arizona topped the list for relocating retirees.
In reality, only about 3–4 percent of retirees across the nation move each year. But for those seniors who do decide to relocate out of state, figuring out how to start can feel like a logistical nightmare. Here are three action steps you can take that will help make moving a dream.
1. Decide What You Want to Bring with You
If your new home is the same size as your current home, you can move everything you own to the new place if you want to. Chances are your new home is smaller. Many, if not most, senior citizens downsize once they retire. Their children are grown, and they no longer need or want to deal with the upkeep a big house requires.
Compare the square footage in your current home to the home you are moving to. This will help you determine the things you have room to bring with you. For example, if you currently have a 4-bedroom home and are moving to a 2-bedroom condo, you will need to drastically reduce your household items such as furniture.