We always think that when people retire, they sell their homes and move south. Or, west.
Maybe not.
… (M)ost retirees don’t move. Over the five-year span [of the study], 76.1% of those 60 and older stayed put. Of the rest, 18.5% moved within their states, 4.6% moved to other states, and 0.8% moved abroad.
Those who do move, move to warmer climates.
Those who move end up, more often than not, in what are called “metropolitan areas”, including Phoenix, Arizona, and cities in North Carolina and Florida.
More details & tips for relocating: Retirees Who Relocate Often Opt For Homes in Metropolitan Areas – By Andrea Coombes, The Real Estate Journal
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Updated: January 2018
