There is yet another challenge associated with our decision to continue to work for income, beyond 65. That's the reality that we may be forced to uproot multiple times. And that applies whether we remain employees or operate our own businesses.
I experienced this Goldilocks Syndrome in the past several years. The New York Metro area became too expensive for me to operate my communications boutique. For about 14 months I researched options.
The best, at least for me, seemed to be Arizona. For many reasons, at the time, it was a smart choice. The cost of everything from keeping a roof over one's head to car insurance was significantly lower than that in the New York Metro area. I paid off debt and even built a bit of a nest egg.
Because the wolf wasn't at the door, I could experiment with learning new skills and offering services which were more marketable than what was on my regular menu.
The business thrived. To build on that momentum, I suspected that it would be in my self-interest to again uproot. Not easy. Not emotionally. Not socially. Not financially. But I needed to be back in the New York time zone.
My hunch panned out. There is more and better business because I am on East Coast time. After two months here in eastern Ohio I am finally able to feel a bit "at home."
To be able to do this Goldilocks, I had to screen out the criticism of those from all generations who perceive location-hopping as a bad thing.
So, I am now advising those over-65 in a similar pickle about work to not share their decision-making about possible relocation with others. Sure, sort out with family, a mentor, executive coach, minister, or trusted colleague. Otherwise, keep the plan under wraps. The inner meme for most people seems to be: Stay put, no matter what.
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