3 Ways Relocating in Retirement Could Backfire

Relocating in retirement can have a lot of upsides. You might be able to move somewhere with a better climate and more activities that suit your interests. Or you could move closer to family you haven't been able to see as often as you'd like. These can be powerful motivators to pack up and leave your home, but it's important to not let the potential upsides make you forget the potential drawbacks of moving in retirement.

Here are three downsides of relocating you should weigh as well. You may not experience all -- or any -- of these. But if you think they're a possibility, you should start developing a plan now to combat them.

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Source Fool.com