That's what I informed the 70-something public relations expert I had been coaching about semi-retirement.
She had taken a package from a health organization.
Her new objective was to develop a media-relations boutique which would earn about $50k annually in revenue.
The tipping point in her need to relocate from Connecticut was her property tax, both on her house and the new car she had purchased.
"Check out on the internet the prices for apartment rentals in FL."
She did that. And, as The Wall Street Journal reports, decided against retiring in FL. Research showed she could get a better deal and less humidity in Appalachia.
Florida is not the only source of myths about relocating during semi-retirement and retirement. For example, southwestern Arizona is promoted as Paradise Found. However, the cost of living is comparable or even lower in the Youngstown, Ohio metro area.
Another myth is about the rock-bottom living supposedly available just about everywhere outside the U.S. Research disproves that.
An example is establishing permanent residency in Mexico. To do that one has to document monthly net income of $2,500. Many parts of Europe are expensive.
In addition, in my coaching I have noticed that most human beings over-estimate their ability to adjust to the culture of another part of the country. The number of Coastal residents going to AZ and then returning is high.
Another consideration when relocating are the work opportunities.
The Federal Reserve Board found that one-third of retirees bounce back to working. Either they need the money or are bored - or both.
If they settle in AZ, where there is low age bias, they have a good shot at picking up part-time and even full-time jobs. Outside the U.S., regulations might only leave one option: starting their own businesses. But not everyone is cut out to be entrepreneurial.
It is becoming rare for the aging to be able to afford to stay-put in their hometown. The usual plan is to sell the house when the market is right and then have fun visiting possible places to relocate.
Contact Jane Genova firstname.lastname@example.org.