Tuesday, November 14, 2017

Retirement Dress Rehearsal

Kiplinger ran a story promoting the idea of practicing for retirement. 4 Reasons to Hold a Retirement Dress Rehearsal suggests you take a trial run at retirement before making it permanent. For example, thinking about moving to a warmer climate, buying a condo on a golf course, moving into a senior housing complex, or something else, the article suggests trying out the plan temporarily. The advantages of doing so allow you to get a better idea of the expenses of living this new life, whether you physically can manage this new life, discover if more hours for hobbies translate into more (or less) fun,  and learn whether you want to be closer or farther away from your family. The article offers this list of things to check out when thinking about moving:

  • Expenses
  • Availability of health care
  • Climate
  • Recreational opportunities
  • Access to transportation (area airports, major highways, etc.)
  • Community and potential friendships
  • Ease of visiting family (or visa versa)

 

http://lawprofessors.typepad.com/elder_law/2017/11/retirement-dress-rehearsal.html

Consumer Information, Current Affairs, Health Care/Long Term Care, Retirement | Permalink

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