Regulatory professionals are constantly inundated with new “opportunities”. How do you sort through the “noise” and make your decision on long range goals vs. short term possibilities? We counsel executives daily on how to best work through this. If you are in the range of 5-10 years until retirement, this means you are truly at the pinnacle of your career and your next critical decision should be based more on what you need to gain professionally and monetarily, in 5-10 years vs. 2-3 years. Often the primary decision driver is relocation and most people say “no” due to the personal impact. If you are saying “no”, here are things to consider:
- Are you living where you want to retire? If not, are you living and working in the best place to reach your retirement goals?
- Can you keep your “base” and still consider another location? In this housing market, selling your home is great but do you truly want to buy? Renting short term may be a better option, OR don’t sell your home, rent it and use that income to rent in the new location while your home gains value. Especially useful if you plan to return in five to 10 years!
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