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Retirement Planning Advice on Relocating to California for Family Proximity

A personal finance expert addresses a reader's dilemma regarding whether retirees in their 70s should trade a low-tax Northwest home for a larger California mortgage to live closer to their children.

3 Sept, 11:45 — 3 Sept, 11:45
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marketwatchMostly Factual1d ago

My wife and I are in our 70s. Should we move to California and take on a bigger mortgage to be near our kids?

“We currently live in a relatively low-cost, lower-tax Northwest state.”

By Quentin Fottrell

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