Just saw us on

?

4 Unconventional Vacations and Relocations

4 Unconventional Vacations and Relocations Cornerstone Wealth Management

4 Unconventional Vacations and Relocations Cornerstone Wealth Management

As generations leave the workforce, retirement culture resets and reshapes in unique ways. You may have seen your parents choose to retire at home or in their community, but Baby Boomers have taken a different approach to retirement by relocating further from their hometowns or staying on the road for their retirement years. If you’re one for adventure, then consider these unconventional vacation and relocation options!

  1. Vacation on the Cruise Ship

The concept of spending more time on a cruise ship is certainly gaining popularity as it becomes more accessible. As a water lover, you could spend your retirement years traveling to all sorts of destinations and seeing the world. Most cruises are staffed and have full services such as dining and entertainment2 which gives you time to relax and enjoy the journey. If this is of interest to you, look up deals ahead of time, read more on the lifestyle onboard, check out routes you’re interested in, and ensure you have international health and travel insurance. You can even use your summer to take a 3-month cruise to experience the world!

  1. Getting Cozy in Your Cabin in the Woods

The simplicity of cabin living has attracted many to the woodsy lifestyle. Perhaps you’ve lived the city life and want more peace in retirement, or maybe you’re reminded of a simpler time while being in the woods. Whatever the case, getting away from all the business brings you closer to nature and offers a greener lifestyle than that of the city. Before committing to a cabin, spend some time there during different seasons of the year and experience the weather, community, and general surroundings3.

  1. Get In Touch with the Earth in the Mountains

Like the woodsy lifestyle, the mountains immerse you in nature and can be a great option if you want to step away from the business of life. Mountain communities may be in your home state or in a completely different area or country! These areas can be cooler and less humid, so ensure the weather conditions in your chosen community are suitable for you. If you plan to move states or purchase a vacation home, make sure to check out tax regulations and how they can affect your finances. Areas like Laconia, New Hampshire and Knoxville, Tennessee are examples of tax-friendly4 states!

  1. Stay on the Road with RV Living

Over the years, RV living has been growing in popularity for lots of retirees. Many choose to leave their homes and live in RVs, touring the country and temporarily settling down in different cities. This is a great opportunity to travel and have your own routine. RV living is also cheap! You can see the world and do so on a budget. However, constantly traveling can be strenuous and demand extreme lifestyle changes. Therefore, it’s important to try it out for a short time before committing to it long-term.

All these unconventional retirement vacations and relocations offer great adventure and can be fun challenges! Whichever way you choose to retire, remember to always put your financial, health, safety, and emotional needs first.

Choosing to relocate requires great financial planning and overall management. We can help you assess your financial situation and weigh the pros and cons of your retirement decisions. Click here to schedule your financial review with us today.


The article and opinions in this publication are for general information only and are not intended to provide specific advice or Recommendations for any individual. We suggest that you consult your accountant, tax, or legal advisor with regard to your Individual situation. This content was created by Lone Beacon.

Registered Representatives offer securities through Independent Financial Group, LLC (IFG), Member FINRA/SIPC. Investment Advisor Representatives offer Advisory services through Independent Financial Group, LLC (IFG), a Registered Investment Adviser. Cornerstone Wealth Management, Cornerstone Tax Advisory and IFG are unaffiliated entities.

This material was partially prepared by Lone Beacon and does not necessarily represent the views of the presenting party, nor their affiliates. The information herein has been derived from sources believed to be accurate.

Share This Post:
Cornerstone Wealth

SERVICES

Cornerstone Wealth

Schedule a Call

Ready to take control of your financial future? Schedule a call with Cornerstone Wealth Management today.

Join Our Mailing List

FINANCIAL INSIGHTS DELIVERED STRAIGHT TO YOUR INBOX

Birthdays Over 50 Worth Celebrating
READ OUR LATEST GUIDE

Birthdays Over 50 Worth Celebrating

Before you start planning for retirement, make sure you put these relevant dates in your calendar. Beginning at 50 years old, there are several birthdays that are essential to be aware of as they can influence your retirement timeline and overall financial plan.

The Fundamentals of Estate Planning
READ OUR LATEST GUIDE

The Fundamentals of Estate Planning

Estate planning can be an emotional process. After all, it’s difficult to think about things like who will raise your children, or which loved one will best manage your financial assets. Estate planning is necessary, however, because without a will, your estate may end up in court. This means it could be divvied up based on a judge’s ruling, rather than on your personal wishes.

Making the Transition to Retired Life
READ OUR LATEST GUIDE

Making the Transition to Retired Life

After all your years of hard work and disciplined saving, you’ve made it to retirement – congratulations! Now, the challenge becomes tackling common retirement transition concerns so that you can live out the ideal retirement you’ve dreamed of.

Addressing Market Volatility in Today's World
READ OUR LATEST GUIDE

Addressing Market Volatility in Today's World

Planning for retirement is never a “set it and forget it” task. There are unexpected disasters, market drops, and changing laws that could cause retirees to reevaluate their financial situation. Ultimately, there’s no way to predict everything that will cause market downturns. However, you can prepare yourself for one by having a solid financial strategy in place.

What to Consider in Your Charitable Giving Plan
READ OUR LATEST GUIDE

What to Consider in Your Charitable Giving Plan

Congratulations! You’ve decided to give to a charitable organization. Charitable giving is a wonderful way to help further causes you are passionate about and feel good while doing it.

The Importance of Designating Beneficiaries
READ OUR LATEST GUIDE

The Importance of Designating Beneficiaries

When life gets hectic and your to-do list seems endless, it can be easy to let financial planning details slip through the cracks. However, updates to your designated beneficiaries on 401(k) plans, IRA accounts, and other retirement assets is vitally important.

Managing Inflation in Retirement
READ OUR LATEST GUIDE

Managing Inflation in Retirement

You may have noticed that the things you buy regularly have become more costly, and you may be pondering if inflation will stay high. For individuals close to retirement or already retired, it is essential to take measures to protect themselves from the eroding effects of inflation.

Birthdays Over 50 Worth Celebrating
READ OUR LATEST GUIDE

Birthdays Over 50 Worth Celebrating

Before you start planning for retirement, make sure you put these relevant dates in your calendar. Beginning at 50 years old, there are several birthdays that are essential to be aware of as they can influence your retirement timeline and overall financial plan.

The Fundamentals of Estate Planning
READ OUR LATEST GUIDE

The Fundamentals of Estate Planning

Estate planning can be an emotional process. After all, it’s difficult to think about things like who will raise your children, or which loved one will best manage your financial assets. Estate planning is necessary, however, because without a will, your estate may end up in court. This means it could be divvied up based on a judge’s ruling, rather than on your personal wishes.

The Birth of a Grandchild
READ OUR LATEST GUIDE

The Birth of a Grandchild

Congratulations! The arrival of a grandchild is always an exciting time. Since many grandparents wish to assist in covering their grandchildren’s future financial needs, it’s also a good time to consider financial preparations for the future. If you hope to provide funds to your grandchildren, both 529 plans and trusts are beneficial options.

Cornerstone Wealth

WELCOME TO OUR NEW SITE

We've Made Some Big Changes

We’re delighted to introduce our new and improved online space tailored to elevate your online experience.

If you have any thoughts, questions, or if you’d like to schedule a consultation drop us a line. Your insights help us refine our services.

Making the Transition to Retired Life
READ OUR LATEST GUIDE

Making the Transition to Retired Life

After all your years of hard work and disciplined saving, you’ve made it to retirement – congratulations! Now, the challenge becomes tackling common retirement transition concerns so that you can live out the ideal retirement you’ve dreamed of.

Skip to content