Old-Timers' Relocation Plans: A Ten-Year Outlook
Ekaterinburg citizens ponder retiring destinations
Curious to know where Ekaterinburg's golden-agers are planning to settle in the next decade? A recent study by Level Group sheds some light on the matter.
The majority (63.2%) of the surveyed seniors have no intention of moving, but for those who do, popular destinations are not hard to guess. St. Petersburg tempts 52.9% of the prospective movers, followed closely by Moscow and the Moscow region (23.5%). Every fifth (17.6%) is eyeing Crimea as a potential new home.
Interestingly, only 5.9% are dreaming of a move to the Far East, and only 2.3% are looking abroad. However, a significant number (4%) would be thrilled to emigrate if given the opportunity.
The decision to uproot isn't always easy. The top obstacle for moving to a new region lies in the availability of personal real estate. While mortgages might seem like a viable solution, many seniors hesitate to take this leap, as most banks limit the age of the borrower at the time of the last loan payment to 70-75 years, though some can extend this to 85 under certain conditions.
As for those willing to move outside Ekaterinburg, their preferences seem to lean towards familiar climates and cultural compatibility. However, specific destinations for Ekaterinburg's seniors are yet to be pinpointed through local surveys or studies.
On a different note, a previous report by our website revealed that a staggering 61% of Russians plan to keep working post-retirement to maintain a stable income, social connections, and an active lifestyle.
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Enhanced Understanding:
While the data doesn't reveal specific destinations, it suggests that Ekaterinburg seniors prefer regions with a familiar cultural background and lower cost of living. Older adults living in Russia are likely to seek out countries offering political accessibility, cultural synergy, and hospitality—such as Vietnam, Kyrgyzstan, Serbia, and Turkey—and long-stay spiritual residencies like Mongolia, where they can immerse themselves in cultural studies like Buddhist astrology. Additionally, factors like climate, healthcare accessibility, and supportive communities can influence relocation decisions.
I'm not sure about the exact destinations, but the survey suggests that Ekaterinburg's seniors might prefer regions with a familiar cultural background and lower cost of living. Some respondents are especially interested in Crimea as a potential new home. The report also confirms that many retirees plan to keep working to maintain a sustainable lifestyle. Interestingly, even though some seniors would like to emigrate, only a small percentage are actually looking abroad.
