The expenses related to rebuilding homes in popular retirement destinations like Florida or Arizona are becoming too high for many retirees, making relocation unfeasible.
Retirees looking for homes need to consider that with the scarcity of materials and limited contractors, rebuilding or upgrading their homes may take much longer than anticipated.
Many retirees are reevaluating traditional retirement spots such as Phoenix and Florida due to rising costs and potential challenges in obtaining necessary home insurance.
Potential retirees are advised to explore other locations rather than the usual hotspots, considering long-term viability and accessibility to necessary resources.
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