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When you’re planning for retirement, there are many big questions to ponder. And where to retire is a central one. Even if you’re thinking of staying in place, there are many factors to consider. Our guest today, Silvia Ascarelli of MarketWatch, explains a free tool that can help you do your homework on this major decision. And she highlights some factors you may not be taking into consideration – yet.
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Bio
Silvia Ascarelli is a Deputy Commentary Editor for MarketWatch based in New York, who also writes the “where should I retire” column and MarketWatch’s pick-your-criteria “where should I retire” tool is her passion project. Previously, she was the MarketWatch home-page editor, a Wall Street Journal /Dow Jones reporter, and editor in Europe and the U.S.
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For More on Silvia Ascarelli
MarketWatch’s Where to Retire tool
MarketWatch’s Where to Retire Column
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Mentioned in This Episode
I went searching for the perfect place to live in retirement — and got lost along the way
There is more to picking a place to retire than low taxes — avoid these 5 expensive mistakes
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Win the Retirement Game is Now Available
Amazon Barnes & Noble Bookshop.org
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Podcast Episodes You May Like
Where Will You Live Next? – Ryan Frederick
Keep the Memories, Lose the Stuff – Matt Paxton
Breaking the Age Code – Dr. Becca Levy
Design Your Life and Get Unstuck – Dave Evans
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Wise Quotes
On Social Connectivity
“I think we all romanticize certain places. And for all of us, no matter our age, the big question is how am I going to build my personal network of friends. We know that social connectivity, having friendships is really important for our brains and to keep us healthy and happy, and to word off things like dementia, which we all want to avoid. And this isn’t just for our moving in retirement. I had a long conversation with a Millennial at my local farmer’s market on Saturday. And she was debating whether moving to this suburban area where I live would be a good fit for her as a single woman. It was a lot about how are you going to find your tribe?
On Test Driving Retirement
“What are you retiring to? [It’s] not just what you’re retiring from.Y ou’ve got a lot of years left, I hope and you want to be happy and healthy. So how are you going to make that happen? It it’s something I think about, too. What am I retiring to? How am I going to build my network? What am I going to spend my time with? What’s at 10 o’clock on a Tuesday in February going to look like? I have friends who said when they retired, they made a point of having one thing on the calendar every day to give them some of the structure they wanted. Another thing is, if you do want to move…the data can only tell you so much, but do explore your short list by actually living there for a while. Rent an apartment for a couple weeks, a month or even more…Think about how you’re going to live your daily life.”
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About Retirement Wisdom
Take charge of your future.
Schedule a call to find how how the Designing Your Life process (developed by Bill Burnett & Dave Evans at Stanford) can help you unlock a new direction. Learn more about our One and One coaching and small group programs. Take the first step toward your new life today.
Are you prepared for the non-financial side of retirement? Take our free quiz and see what you should be preparing for in your retirement planning.
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He’s the author of Win the Retirement Game: How to Outsmart the 9 Forces Trying to Steal Your Joy.
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Intro and Outro voiceovers by Ross Huguet.
