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This figure represents a 44% jump in the amount of retirees that moved away in 2022.
The study also found that 11% of Americans who retired out of state moved to Florida.
GOBankingRates explores five steps retirees can take if they regretmoving for retirement.
An adjustment period is normal, and giving yourself time to settle in can help.
Making friends, getting involved in the community and getting into a new groove takes time.
If you moved away in retirement, theres a chance that this was your first significant change in decades.
If the new location simply doesnt feel right, you always have the option to move back.
Chances are, your previous community will welcome you with open arms, Meyer added.
This could be one of themost important stepsbecause its crucial to remember that youre not stuck.
Theres nothing wrong with moving back or switching your location until you find something thats the right fit.
One topic that is less analyzed for retirees is the idea of community and relationships.
As a retiree, you may move away to downsize or to save money on your living expenses.
Kullber noted that you’re able to still downsize if you want to move back.
You may also find it makes sense to move to a more affordable but closer area.
For example, if you lived in abig city pre-retirement, consider a cheaper suburb instead.
Now that youre living on a fixed income, budgeting is more important than ever.
You may be able to sell your new property and find something cheaper in your original state.
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