The ideal retirement looks different to everyone. Some clients just want to work less or on their own terms. Others cannot wait to cut the cord and be free to travel the world. Today's article explores retiring abroad and living your travel lifestyle fantasy. If you are wondering what type of retirement you can afford, give us a call! We are happy to complete a retirement plan with you.
If you’ve always dreamed of living abroad, now may be the best time. Today, there are around 400,000 American retirees residing outside the United States, with that number expected to grow over the next few years. Cost of living is often cited as one of the main reasons for the move. For example, in places like Mexico and Costa Rica, it’s possible to live off of a Social Security check, while enjoying a relaxing lifestyle in the process. Other retirees cite rising health care costs as a contributing factor in their decision to move out of the U.S.