Over and Over Again, You're Being Told: Move Out of Manhattan, San Francisco or Other HCOL Locations: What's the Real Story?

 Usually the Big Relocation was the difficult decision that you didn't have to deal with until you retired. Then you would pull up roots and manage the tradeoffs for a lower-cost of living lifestyle. In 2014, you could have gotten a one-bedroom in sun-drenched Tucson, Arizona for about $500 a month. Or much less in Ecuador. 

However, fewer of you want to or can afford to retire. So the decision has more moving parts since you're still working for income but know you have to downsize your fixed costs. 

In this article, published today in O'Dwyer's Public Relations, I discuss the pros and cons of relocating from HCOL (high cost of living) areas such as coastal cities to LCOL (low cost of living) regions such as the midwest or even beyond the borders of the US. 

The decision still isn't easy. However, a growing risk for the over-50 is homelessness in major cities. About 30% of the aging are homeless. And in 2024, homelessness surged 18%. 

Affordable Career Coach Jane Genova provides end-to-end career services, ranging from diagnosis of the challenges and fix-it strategies to preparation of resume/cover letters/LinkedIn profiles and how to gain control of an interview. I specialize in over-50 work issues. My edge is a background in marketing communications. For a confidential complimentary consultation please text/phone 203-468-8579 or email janegenova374@gmail.com. Remote and in-person.

 


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