If you’re planning to move in retirement, take lifestyle
changes as well as lower costs into consideration. Someone
who has become used to an urban lifestyle, for example, might
move to a planned retirement community in the boondocks and
discover there’s no opera, very few restaurants, and so forth.
You may not be happy living the rest of your life this way.
Moreover, don’t be too concerned with the economics of a
move. Some people focus on buying a lower-priced house or
paying less in tax so they move away from their family. From
then on, they regret not being able to spend time with their
grandchildren. The pull of family and friends is very strong
among retirees.
Aside from family togetherness, the top considerations for
economically comfortable retirees who relocate are climate,
natural beauty, and recreational opportunities. Such seniors
are known as amenity migrants??they go somewhere else for
the amenities.