There are many reasons why you may relocate after retiring. The reasons can include lower cost of living, a fresh start, leisure amenities, natural environment, weather conditions and smaller affordable place. Before moving, you may want to consider some important ingredients that can give you a good new life. These considerations can help you live a comfortable life while enjoying your sunset years.

Access to medical services

You should consider if the new location offers excellent medical care. Other than having a reputable medical community you should also consider the insurance coverage and the distance you need to travel to see your doctor.

Affordability

Compare the living expenses of your current location with the new location. Prices of food, utilities and gas should be considered because there are areas with higher cost of living than others when you compare to your current location.

Climate

You may want somewhere where you can experience the four seasons. If you have spent most of your life in an area where you experienced a specific kind of climate but you want a change, then you may ask about the climate of the new location to avoid any nasty surprises.

Family and loved ones

Keeping in touch with family can be important for seniors. You may not want to live far away where you don’t get to see your loved ones as often as you would like. Consider how often you want to see your children, friends and grandchildren and ensure you can afford to travel to see them.

Lifestyle and incentives

If you are looking for a certain lifestyle, then ensure you look for a location that will provide you with what you want. Restaurants, outdoor activities, shows, religious activities, volunteer activities and other interests.

Rental vs. purchase of property

Consider the pros and cons of renting or buying. Mortgage and interests rates can be a burden to persons who purchase property. On the other hand, you may not receive tax benefits if you rent a home.

Income and pension taxes

Financial considerations are important. Some locations may not have any income tax. Some states may have high income taxes while others can be relatively lower. Pension taxes are also a consideration because some states can exempt in-state, federal and military pensions from tax.

Part-time employment

Seniors who are looking to work part time may consider if the new location is viable for a decent part time job. You can check in advance the kinds of jobs available for seniors and if you will earn an acceptable amount.