7 Great Reasons Not to Move After You Retire

Sunny skies and warm breezes sound great. But in reality, you might be better off retiring closer to home. Here's why.

Senior coupleRuslan Guzov / Shutterstock.com

Retirement is supposed to be a time when people move to Florida to sip drinks on the beach, or settle in Arizona to play endless rounds of golf.

But in reality, a huge percentage of Americans are happy to remain right where they are. One AARP survey found that around 90 percent of people 60 and older want to stay in their current homes for the next five to 10 years.

Reasons for staying close to home include:

  • Liking their current home as is: 85 percent
  • Wanting to remain close to family and friends: 66 percent
  • Avoiding the hassle of moving: 50 percent

In fact, there are many good reasons for remaining in your hometown after retirement. Following are some of the best.

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