Ecology of Money

Relocating in Retirement? Don’t Forget About Long-Term Care Costs

John F. Wasik

When you approach retirement or empty-nester mode, something in the American psyche is often triggered: You want to move somewhere with ample sunshine and less hustle and bustle.

But those considering relocation need to look beyond beaches, golf courses, and early bird specials and confront one of the least-explored parts of retirement: long-term care. In the U.S., this fragmented system is costly and mostly provided by family. And where you move can make a huge difference in how much it costs.