With millions of baby boomers in their 50s and 60s, financial planners are seeing a surge of clients retire. For many of these seniors, once they are no longer tied to a workplace, thoughts immediately turn to changing their place of residence. This may be a good idea or it may not; the decision is often not as clear-cut as many couples assume.

“Relocating is exciting, but often more daunting than people anticipate,” says Jennifer Cray, partner at Investor’s Capital Management in Menlo Park, Calif. Providing a realistic view of what relocation will mean financially will help lead to well-informed decisions.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access