Considering Relocating? Moving can have amazing benefits.

It’s easy to believe that the majority of retirees move for retirement – ​​move to Florida, take off to Mexico, buy a golf course in Arizona or North Carolina. And, many potential retirees certainly talk about it. However, residential mobility is not a reality.

In fact, the majority of retirees stay put. And, residential mobility is becoming increasingly uncommon for all Americans. Mobility has been on a steady decline since a recent peak in the 1980s. And, new research shows that Americans today who say they plan to move are 45 percent less likely to do so than those in the 1970s.

Staying in place or aging is especially true for retirees. According to AARPOnly 29% of retirees plan to relocate for retirement. 67 percent want to stay in the community where they currently live, and 63 percent want to stay in their current home as long as possible.

Why is migration and mobility stagnant?

Recent research The research, published in the American Psychologist, looks at trends that contribute to stagnation and the cultural dynamics of declining residential mobility.

Researchers believe that more and more people feel trapped. “Americans, it seems, are increasingly finding themselves trapped in places they want to escape,” he says.

The following trends can contribute to making migration difficult:

  • Housing prices.
  • Red tape, especially regulations related to professional licensing requirements. (According to the Niskanen Center, about 25% of American workers need a state license to do their job. And, relicensing in a new state can be expensive and time-consuming.)
  • Zoning restrictions that limit the supply of housing to desired locations.

According to the researchers, having a desire—but not being able to act—leads people to wonder if their other endeavors in life will pay off. This leads to a defeated outlook in life.

Benefits of mobility

The researchers write about the potential psychological implications of being persistent, which may be especially interesting for an aging population that wants to stay vital.

He theorizes that residential stagnation has negative cultural effects and writes that as mobility has declined, Americans’ levels of happiness, fairness, and trust have also declined.

Although researchers don’t have proof that stagnation leads to decreased happiness, fairness, and confidence, they see correlations in the trends and believe that moving can be a compulsive activity that brings renewal and positive rewards. Enables collisions such as:


When you move to a new location, you are forced to start over. In doing so, you are defining yourself by your personality traits, not by the people you surround yourself with.

And, being willing to consider relocating is a reflection of your ability to live life on your own terms, find the ideal location, and have the energy to follow your dreams.

Financial rewards

Migration often has a financial component – ​​a better job, higher salary, or lower cost of living.

Greater optimism and risk-taking

Displacement is often associated with over-optimism. It takes a leap of faith to move.

Movement is a risk, which can be positive – no risk, no reward.

More open and less suspicious

When you move, you need to form new bonds that can naturally make you more open and receptive to new people. When you stay grounded, you have an existing network of people you know and trust, which is great, but it also makes you less open to new ideas and different types of people. It can also cause

Choose a better location for aging in place.

Most people want to be independent as long as possible. However, the family home may not be the best environment for aging. An AARP study found that 49% of those looking to relocate are looking for a home that’s affordable and easy to maintain.


Advantages of living

Current connections

Family and friends are everything. If you have a well-established network that you know and like and trust, moving can be a non-starter.

Most people love where they live.

The fact is that people love where they live. A study found that 81% of people are either somewhat or very attached to their current city. A Gallup study found that social offerings — no matter where you live — are why people love their community.

Social offerings vary by location, but people connect to their community based on where they can meet people—parks, restaurants, museums, events, and more—and the sense that people in the community are one. Take care of others.

How do your retirement plans and housing plans look like?

Have you modeled a relocation as part of your new retirement plan? How about using home equity as a way to fund retirement?

In addition to enabling you to model downsizing and relocation, New Retirement Planner can help you fund long-term care programs, living expenses, or as a backup source of income during a financial downturn. Enables home equity to be tapped.

Try it today. What do your finances look like when you consider your housing as an integrated part of your overall plan?

About the new retirement

For those who want clarity on their choices today and their financial security tomorrow, NewRetirement is a financial planning platform that helps people discover, design and manage personalized paths to a secure future. Provides the ability to

Our goal is to make high-quality, low-cost financial guidance available to everyone. More than 155,000 people representing more than $168 billion in wealth currently trust the system to make the most of their money and time. The platform is available to anyone through online and enterprise solutions. It can be co-branded or white labeled for partners. Additionally, the company provides API access to companies that want to embed planning functionality within their site.

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