Time to time I think about moving state. These are few factors stop me from moving.
- long time friends and family
- familiar social structure
- elderly parents
- finding suitable job
It's a consideration, but not a red light.
Your motivator is fear, and comfort level.
Nothing wrong with that, but you then can't get to the death bed and say "I wish...."
How would you take that sort of risk if you have dependants?
When we moved to the USA we had a 4 year old son, a PPoR and a handful of IP's. It was hard work getting ready to go over, and it was very scary until we settled in there, but it was the best thing in life we have ever done. The experience was priceless.
When we came back, I took a job in my golf life again for about 18 months - it was comfortable and easy, but the pay was very ordinary..
So, then we spent $430k of our hard-earned equity on buying a business in an industry I have absolutely no knowledge in.
We had a 1 year old as well by then.
Was there fear? Bloody oath.
Was there comfort level before? yes, but not necessarily happiness and contentment with work....
Still isn't.
Still looking.
I know one thing; I'd rather be scared, but exhilarated at the prospect of a new venture, than to be comfortable but not happy.
So, whaddya do?
Spend yer life wishing and regretting, but are comfortable, or have a crack at something that scares you but may be the answer to all your prayers?