Retirement Relocation for Big Families: Great Places and Tips to Move

Taking the time to choose where you want to retire is important – you’re going to be spending a lot of time there, after all.

But what if you have a larger family? Let’s take a look.

Where to Relocate for Retirement with Your Family

If you want to make sure that everyone in your family is happy when you relocate for retirement, here are a few spots to consider.

Orlando, Florida, US

When moving with a larger family, cost is going to be an important consideration. Fortunately, Orlando has some of the most affordable housing options in the US, and there is no state income tax either. The warm weather and endless entertainment options are added bonuses.

And, if you’ve been dreaming of heading out onto the ocean for one of your holidays, you won’t struggle to find a cruise from Orlando.

Lisbon, Portugal

Portugal has become a top retirement destination in recent years, mainly because it’s so family-orientated and the affordable cost of living. Over and above this, there are tax incentives for retirees and the healthcare is excellent.

Settling in Lisbon, you can look forward to spending your weekends on beautiful beaches or discovering the many family-friendly restaurants.

Edinburgh, Scotland

Currently in the UK and don’t want to move too far? There’s always Edinburgh in Scotland, providing the perfect mix of city and countryside living. However, the scenery is just one of the best parts – they also have a strong healthcare system.

If you are relocating with kids who are still in school, you’ll also be glad to know that Edinburgh has some of the best schooling options in Scotland.

Charleston, South Carolina, US

This seaside location is another fan favourite among retirees and families in general. It’s calm, safe and welcoming. What’s not to love?

Along with the stunning beaches, you can also expect family-centric neighbourhoods and plenty of parks for the kids. Plus, Charleston is ideal for bigger families with members of varying ages who want to lead a slower lifestyle.

Panama City, Panama

Panama City offers a unique blend of modern city living and easy access to nature, making it an attractive option for multi-generational families. The cost of living can be lower than in many North American or European cities, and there are various housing options available, from apartments in the city center to houses in the suburbs. Panama boasts a relatively stable economy and a growing expat community, which can make settling in easier. Families can enjoy exploring the historic Casco Viejo district, relaxing on nearby beaches, or venturing into the rainforest for outdoor adventures. The city also offers a range of international schools and healthcare facilities. While Spanish is the official language, English is widely spoken in business and tourist areas, which can be helpful for those transitioning to a new country.

Alicante, Spain

Living in Alicante, you can expect at least 300 sunny days per year, perfect for enjoying the beaches and kid-friendly parks. The fair property prices also make this an attractive retirement relocation spot.

Spain is another country well known for its world-class healthcare, and with a strong expat community, you’ll feel right at home in no time.

Tips to Make the Move a Little Smoother

–    Choose a location that meets your needs. Decide what’s most important to you in a location. Is it affordability, healthcare, schools or recreation?

–    Plan your finances and retirement benefits early on. When looking at potential locations, pay attention to tax benefits, property prices, healthcare costs and exchange rates if applicable.

–    Involve the entire family. Making a big move is something everyone should be on board with, so it’s best to get the family in on the decision well in advance.

–    Get efficient. Prior to your move, make a point of decluttering and downsizing where possible.

–    Organise your documents. Ensure your passports, visas, medical records, financial paperwork and wills are all up to date.

–    Prepare for cultural and lifestyle adjustments. Prepare for life to look a little different. Learn a local language, read about customs and understand local laws.

A Dream Retirement

With some well thought out planning, it’s more than possible to find a location that is right for a larger family and will meet your needs during retirement.

By investing the time, you’ll be able to reap the rewards when it really matters.