Aging in Place means carefully planning your future so that you can spend your later years in the home of your choosing. For more and more aging Americans, that home is wherever the road takes them.
According to a recent New York Times article, rates of retirees traveling are up significantly. In a ten-year span, the number of retirees who traveled abroad was up more than 3%. In 2013, the number of retirees accepting Social Security payments at foreign addresses was up a whopping 48% from ten years earlier.
So what does that mean? Many seniors are choosing to do more than just downsize...they're selling their homes, and investing in a retirement full of travel experiences, not possessions.
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