Lost in Transition
When it comes to retirement, minimizing living expenses is a key part of making a nest egg last for as long as possible. Quite often, that effort involves relocating to a cheaper part of the country (or the world), where everything from taxes to housing costs and even food may be less expensive. But moving somewhere new for retirement comes with expenses and logistical considerations of its own. We talked with personal finance, real estate, and retirement experts from across the country for factors to keep in mind, but there's one thing that overshadows all of them until coronavirus vaccines have returned life to how it was in early 2020: the added complication and expense of pulling off a move when hampered by health risks, quarantines, and business and travel restrictions. Think all the more cautiously.