Credit: Mopic/Adobe Stock
A third of Americans (32%) are considering relocating in retirement, led by those in the Northeast (41%) and West (37%) who often face higher tax burdens, according to new research from the Nationwide Retirement Institute. Grappling with a variety of financial headwinds, many employees remain concerned about their retirement prospects – 4 in 10 (41%) now expect to retire at age 66 or later.
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Lynn Cavanaugh
Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.
