Today I’m going to reveal the retirement move that can save you thousands…
Here’s a hint: It’s not about stocks, bonds, or Social Security.
You’ve spent decades building your retirement savings. You’ve calculated your Social Security benefits. You’ve done your best to prepare for the financial side of your golden years.
But there’s one crucial step many retirees overlook—until it’s too late to change course.
It’s where you live.
That’s right. Your zip code could be eating away at your retirement far faster than you think. And with a little planning, a well-timed move could give you more money, more freedom, and less stress—without changing your lifestyle one bit.
Here’s why your location matters more than you think…
Where you live impacts:
- Taxes (state income tax, sales tax, property tax)
- Cost of living (groceries, gas, utilities, healthcare)
- Housing expenses (mortgage, rent, insurance, maintenance)
- Access to care and community resources
And these costs don’t always go down in retirement. In fact, many go up—especially healthcare.
If you’re planning to stay in the same home or state you lived in during your working years, it might be time to zoom out and re-evaluate.
Not ready to move cross-country? That’s fine. Even a shift within your state—or from a major metro to a smaller town—can add up to real savings.
Here’s how to approach it:
1. Compare Tax Friendliness
Some states offer major tax advantages for retirees. States like Florida, Tennessee, and Nevada have no state income tax. Others don’t tax Social Security benefits or pensions. Use tools like Kiplinger’s “State-by-State Guide to Taxes on Retirees” to compare.
2. Factor in Healthcare Quality and Cost
A state with great hospitals and senior care programs may help you avoid costly medical travel or gaps in care. Look into Medicare Advantage plan options in different areas—they vary by zip code.
3. Assess Downsizing Potential
Could you sell your current home and buy a smaller one outright in a more affordable region? This not only lowers ongoing expenses, it can also free up equity for other goals—or just peace of mind.
4. Explore 55+ Communities
These aren’t your grandparents’ retirement homes. Many offer low-maintenance living, strong community support, fitness centers, and social events—all included in your HOA. Just be sure to read the fine print on monthly fees.
Still not sure? Take a look at this relocation case study…
Jim and Carol, both 67, moved from suburban New Jersey to North Carolina. They sold their 4-bedroom home, bought a 2-bedroom townhouse outright, and now pay no mortgage. Their annual property taxes dropped by $8,000. They also cut utility costs by nearly 40% and joined a vibrant retirement community with built-in social support.
Now they spend less time stressing about bills—and more time traveling, volunteering, and enjoying grandkids.
Retirement isn’t just about how much you have.
It’s also about where you are—and how far your dollars can go once you get there.
You don’t have to move tomorrow. But running the numbers and researching your options today could unlock a better, freer version of your retirement down the line.
