Phil's Tax Hacks

Ep 181: Should You Relocate In Retirement?

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Today, we'll be discussing some challenges of moving amidst the current climate, particularly for pre-retirees and retirees. We recently came across a Vanguard article that proposes a way to potentially add $100,000 to one's retirement savings by selling and relocating to a different state. Is this a feasible strategy? We’ll answer that question and more about relocating in this episode.

 

Here are some of the things we’ll address in this episode:

  • 1:06 – Some things to think about if you’re considering moving in the current economy.
  • 4:31 – Understanding the pros and cons of the real estate market you’re in right now compared to where you are moving.
  • 8:48 – The importance of looking at the bigger picture when making the decision to move.
  • 12:01 – The challenges of moving right now.

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    Phil's Tax HacksBy Phil Putney
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