What to Consider Before Moving House in Retirement

Moving house is no fun at any time of life, but when people are approaching retirement, it is a common time to consider moving house. There are many reasons why this is the perfect time to start looking for a change of scene  – it might be that you want to be closer to loved ones, you might have a dream to live somewhere in particular, or it might be that you want to find a home that you can easily manage as you get older, such as these park homes Gloucester parkhomelife.com/our-parks/orchard-park-homes-gloucester-gloucestershire

Whatever your reasons are for moving, there are many things that you should start thinking about in order to make sure that you are happy with your decision and that your move goes smoothly…

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Your Finances – This is an important one, and something that you are likely to think about anyway when you are approaching retirement. Think about what sort of property you want and do some research on what you can expect to pay for it. If you are selling your current home, it is worth getting it valued so that you also have an idea of what you will get from the sale of it. This is a good time to speak to an independent financial advisor as they will be able to help and guide you to make decisions that will enable you to plan your finances around the move as well as how this will affect your retirement. For example, downsizing can certainly help you to release equity which can then help fund big retirement dreams or improve your lifestyle.

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Reasons for Moving – Something that is really important for you emotionally is to understand your reasons for moving and make sure that they are what will make you happy. For example, if you are moving closer to family in order to provide them with childcare, is that really what you want to do, or is it something that you feel obliged to do Retirement is a time that should be spent on making yourself happy after all those years of work, so make sure that you are choosing to move for your own happiness,  not other peoples.

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