Ep 181: Should You Relocate In Retirement?
Phil's Tax Hacks
English - May 04, 2023 09:00 - 17 minutes - 23.7 MB - ★★★★★ - 4 ratingsInvesting Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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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