May is National Moving Month, and many families, couples and individuals are preparing to relocate for one reason or another. While it might seem counterintuitive to pack up your entire life and move somewhere new, it’s important to remember that relocation doesn’t always have to be a negative experience.

Why Do People Move? -related reasons continue to dominate movers’ motivations, making up about 26% of all moves. This could include buying a new home, finding a more affordable home, or moving to a neighborhood that better matches your lifestyle. This may include a desire for a walkable community, the ability to raise livestock or garden, more parking spaces, or even the opportunity to take advantage of local businesses and restaurants.

The next largest category of reasons to relocate focuses on family matters. This includes things like young adults moving out of their parents’ homes to establish their own households, couples seeking new opportunities to start a family together, or people wanting to be closer to their extended families.

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Work-related factors also make up a significant proportion of relocations. Job promotions, company changes, or simply a desire to be closer to work are all common drivers of relocating households.

Affordability continues to be a major motivating factor for relocating, especially as housing costs continue to rise across the country. Whether it’s the high cost of renting in certain neighborhoods, the financial strain of mortgage payments, or higher-than-normal grocery prices, it can be enough to push some residents to find a new place to call home.…

Our members play a crucial role in the economy, helping millions of people achieve their life goals with investments (mainly through workplace pensions) and investing billions into companies and infrastructure projects. They help grow wealth for the country and create 124,800 jobs across the UK investment experts.

Richard has over 30 years’ experience in the industry focused solely on Defined Contribution (DC) pensions and retirement. He began as a DC investment consultant with Towers Perrin in 1991 before joining Fidelity International four years later where he led their workplace proposition team ahead of the introduction of pension freedom and choice. Since leaving Fidelity in 2017 he has been providing strategy consulting to DC providers and asset managers while delivering a research report on retirement advice with NextWealth.

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He is a regular presenter and contributor to financial news channels and has been interviewed on the BBC and Sky. He also writes for the Money Observer and is the author of its Share Sleuth column. A self-confessed ‘companies geek’ he has pored over accounts ever since the 1980s privatisations first lured him into share ownership. He is a member of the Institute of Investment Management and has a BSc in Physics.

Victoria keeps track of major investment and market developments and delivers thoughtful written and video analysis to clients and the media. She joined interactive investor in 2021 from IG Group where she was a market analyst and business news presenter.…