Patrick Palcidus

Assess if you can afford moving, including housing, taxes, and healthcare costs in your new location.
Consider impact on social connections; moving may distance you from friends and family.
Explore opportunities to build new relationships, such as clubs or community centers nearby.
Evaluate if the location meets long-term needs like healthcare, transportation, and accessibility.
Careful planning helps ensure a happy, fulfilling retirement after relocation.

Ensure a Fulfilling Retirement

Avg. federal tax refund: **$3,800**, ↑ $748 from last year
32% lack emergency savings; median balance just **$500**
Orman: Use refund for emergency fund, insurance premiums, or credit card debt
37% plan to pay down credit cards; avg. interest rate ~**21%**
Roth IRA: Contribute up to **$7,500** (<50) or **$8,600** (50+), income limits apply