Handy Retirement Tips: Things to Think About for Retirement

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When planning for retirement, the first thing that probably comes to mind is setting up your finances. And while this is obviously one of the most important, there are many things to take into consideration when thinking about or facing retirement.

Retirement that is well planned is a retirement well spent. A little knowledge and information goes a long way in helping to make your retirement plans and dreams come true.

Where Will You Live?

If you are fortunate enough to have planned well enough financially for retirement, the next biggest thought should be where you want to live. Have you thought about moving to a warmer climate? If so, where will that warmer climate be?

There are many ways you can explore new areas before you are faced with the actual date of your retirement.

* Take smaller road trips as you approach retirement. Plan short weekend trips to explore new areas close to or just a short distance away from where you are living now.

* Make sure that your vacations are well planned. Time vacations with time-share opportunities to explore new communities. Include real estate tours in your vacation time.

* Use the internet and gather as much information from others that have relocated to get their advice and opinions.

* If you find a place that you like, make sure that you visit during all seasons to see if this is really a good fit for you.

Will You Downsize or Keep Your Family Home?

For many retired couples, the thought of giving up their family home is unbearable. If this is the case for you, make sure that you have the necessary help through family, friends, and neighbors, or the financial security to pay someone in order to help you maintain your home.

You will need to keep in mind several things:

* Repairs are often unexpected; make sure that you have a plumber and an electrician handy at all times.

* Cleaning a larger home may be a difficult and cumbersome task later on in life.

* The older you home gets, the more repairs it will need.

* Do not forget about seasonal maintenance such as shoveling snow and mowing the lawn.

How Close or Far Do You Want to Be from Family

For some older folks, being away from family is a rewarding experience as they feel that they have raised their children and it is now their time to enjoy life.

However, for some the thought of being away from grandchildren and children is unbearable. Keep in mind that once you make a move, especially a big move, moving back can prove stressful.

These are just a few helpful tips to consider before retiring.