Moving to the proverbial beachfront condo or gated golf and tennis community are still popular retirement goals. Many seniors also plan to relocate to be closer to friends and family, to immerse themselves in their interests and hobbies, or to shake up their retirement routines with a little adventure.
But while retirees who want to move often focus on the financial and logistical challenges, relocating also involves some significant lifestyle challenges that shouldn't be overlooked.
As you're plotting your big retirement relocation, don't forget to discuss these three issues with your spouse and your financial planner.