Becoming a Snowbird: myth or reality
Many people in the northern part of North America dream about becoming a Snowbird when they retire. The fact of the matter is that the majority of these people do not follow through with heading south when the winter arrives.
27% of not yet retired North Americans report that they expect to become snowbirds once they retire. The definition of a snowbird is someone who regularly is going somewhere warm for the winter. In actual fact, only 16% of North Americans actually follow through and become snowbirds.
Becoming a Snowbird
It appears that both men and women are almost equally interested in becoming snowbirds. And over one third of North American pre-retired couples have not talked about what they want to do when they retire with their spouse or partners.
First of all it is very important to discuss your expectations and plans for retirement years with your spouse. This can be a particularly stressful time for some couples. Many are not used to spending a lot of time together. Once they retire they will be spending 100% of their time with each other. Discussing your plans to become snowbirds or to travel in general is very important.
Since many people do not really know what they were want to do in retirement, the best plan of action is to begin saving for retirement and make sure that they have sufficient funds available to allow them to do whatever they would prefer.
Traveling south to keep warm in the winter, traveling to other countries or staying at home all requires that you have the quality of life that you prefer. Plan now and save for retirement.
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May 18th, 2017 at 8:04 am
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June 21st, 2017 at 5:09 am
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