All State Van Lines Relocation: Retiring Early by Relocating to a Cheaper City

Early retirement is a goal for many people. For those who long to retire sooner rather than later, there is a way out of workaday life that can be leveraged to great advantage—moving to a lower-cost area. All State Van Lines Relocation specializes in moving individuals, families and companies across the country. Below, All State Van Lines Relocation experts discuss why moving can be the answer to early retirement for some people.

Information Nation: Today, we have experts from All State Van Lines Relocation discussing how to make early retirement a reality. Thank you for joining us.

All State Van Lines Relocation: It’s a pleasure to be here.

Information Nation: A struggling economy has convinced many aging workers that their opportunity to safely retire may never present itself. Is retirement truly a wild goose chase no goal in sight?

All State Van Lines Relocation: No. In fact, many retirees who develop a plan early on can retire safely, reaping the rewards of their success at a younger age.

Information Nation: So, it’s all in the planning?

All State Van Lines Relocation: Let’s just say, a lot is in the planning. The road to early retirement begins very early.

Information Nation: Can you explain how moving fits into an early retirement plan?

All State Van Lines Relocation: Well, the first step in your early retirement plan should be conducting an audit of your financial situation. If you currently have a high mortgage or high rent, you need to consider moving to a lower-cost area.

Information Nation: What are some popular areas for retirees to move to?

All State Van Lines Relocation: Traditionally, many retirees have picked up and moved to warmer places, such as Florida, Arizona, Tennessee and Texas.

Information Nation: Why these places?

All State Van Lines Relocation: They offer a fairly low cost of living, warm weather, good health care, and plenty of fun events.

Information Nation: What needs to be considered when contemplating a move across state lines?

All State Van Lines Relocation: Taxes should be a big consideration. Some states tax only a portion of retirement benefits, and others fully exclude retirement income from tax.

Information Nation: What about medical care and safety?

All State Van Lines Relocation: The crime rate is a factor since retirees might spend more time traveling. Moving to an area with a lower crime rate might result in greater peace of mind. Medical care is also an important consideration, since the need for health care tends to increase as one ages.

Information Nation: In addition to finances, what are other good reasons for retirees to move?

All State Van Lines Relocation: There are several reasons one might want to relocate after retirement. Lower cost of living of course, but also less maintenance, better climate, and being closer to friends and family.

Information Nation: What percentage of baby boomers plans to move after retirement?

All State Van Lines Relocation: About one-third of that generation plans to move during retirement.

Information Nation: What’s the first step in the moving process?

All State Van Lines Relocation: Finding a reputable moving company and getting everything in writing.

Information Nation: Downsizing means fewer things to bring. What advice do you have for packing up the house?

All State Van Lines Relocation: First step to packing is to sort through cabinets and closets and decide what to keep. Trash or donate unwanted stuff, shred personal documents, hold an estate sale, or take furniture to consignment stores.

Information Nation: Moving to another place can be very demanding for older adults. What needs to be done on moving day?

All State Van Lines Relocation: For one thing, be sure that the truck that shows up belongs to the moving company you chose. Verify that the delivery address, delivery date and directions are correct. Carry all valuable items yourself like important documents, jewelries, etc. Turn off all appliances before you leave, unless of course the appliances are already on the moving truck.

All State Van Lines Relocation is a moving specialist with a network of 300 moving companies nationwide. All State Van Lines Relocation specializes in residential and corporate moves, as well as long distance moving. All State Van Lines Relocation makes moving fast and affordable.