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How to decide your Retirement Location

February 2nd, 2012 admin Leave a comment Go to comments

Retirement is a major phase of a person’s life, since it is the last biggest change one can have in his life. People these days have begun to plan their retirement, way before the actual occasion, as no body wants any kind of tensions and head aches at the time when things can be really chaotic.

In present times, no person wants to remain dependent on his or her children, and wants to be able to fend for themselves after retirement, and most people prefer to relocate after their working age, so that they can live a peaceful and changed life with a new location. And this relocation depends on several factors. Take a look.

Some factors on which an individual decides, where to locate post retirement are:

Lifestyle-
A major portion of your decision lies on the kind of lifestyle you have lived your entire life, and what you are expecting now. Whether you want to maintain it or change it according to your preferences, you can decide the new location on that basis.

Money-
What is the pension that a person is getting after retirement, and how big a part of it can he contribute in relocation, in adjusting the requirements of that place, or in the average cost of living of that place . These factors help in deciding what kind of a place you’d like to locate to.

Health-
Old age affects your decisions a lot, taking in consideration your health needs. No matter how healthy and ailment free you have lived your life, but at the post retirement age, you just cannot take chances. So what kind of a climate will suit your health, mountains or plains, proximity and accessibility of health centers, all these factors are equally important.

Preferences-
Some of us have a love for nature, while others prefer the coastal breeze; depending on the kind of atmosphere you like, you can think your new area of location, as being at a vulnerable age where even smallest of the things can make you sad or happy, you yourself need to think about your happiness.

Recreations-
Some people never age at heart, no matter whether they are 65 or 75, and even at that age they want to keep going with life’s adventures, and even learning or trying things that they have wanted. Some people may have a liking for arts and aesthetics, books, old monuments, parks, or sports, and hence depending on all these factors as well, you can choose your new place.

Accessibility-
For elderly people , it is very important to check that the place they want to relocate has all the required essentials at a close proximity. If you and your partner, are planning to locate yourself alone, then you need to keep close to airports, bus terminals or other modes so that in case of need or to meet your children you can easily commute. Even essentials like markets, groceries, and so on, also need to be considered.

If you will keep an account of all these things, you would be a smart post retirement buyer of property, and would spend your days leisurely at your new location, in a blissful and comfortable state.

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