If you are preparing for or are in retirement, don’t ignore the health care costs while relocating!

When preparing for a move, younger families usually have a priority checklist to decide on a new area, including things as good schools, reasonable driving time to work, nearby parks and playgrounds, safe neighborhoods, etc. Older people have some of these same needs, as well as others that are particularly relevant in the retirement years. Consider the checklist below. You will think of an area of interest or concern which you had not previously considered.

• What will be the employment opportunities for a second career or the volunteer opportunities in my areas of interest and experience at the new location?
• For individuals receiving Supplemental Security income and/or other state supplements, how will monthly income amounts be affected?
• Does someone in the family have a medical need, which requires specialized treatment and how will the new location be able to accommodate that need?
• Will my current health insurance benefits transfer to the new location?
• Will all my orders be taken care of legally; be it my will, health care, etc?
• Have funeral arrangements been made and prepaid? Is the policy "portable,"? Do family members know how things are to be handled when the time comes?

Whether moving from one state to another or from one part of a state to another is a big decision that requires research once you’re retired. Choosing a region that makes those costs affordable is a key component of a sound retirement strategy. We are just a phone call away to help you if you need assistance to get health insurance quotes from different companies to see how rates and benefits compare.