There is a HUGE difference between vacationing and living in another country. Here are factors to consider for those who are interested in doing the latter during retirement.
Jonny West, CFP®’s Post
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My practice helps take clients to and through early retirement. One strategy to consider in helping you start your early retirement is to spend the first few years in an international location with a much lower cost of living allowing you to spend a lot less in the first few years of your retirement. These are known as the go-go years and will allow you to explore the world more. After a few years, you could move back to the States to enjoy your slow-go and no-go years all while regaling your domestic-only retired friends with tales of your international adventures. That sounds like some better planning for a much better retirement life. Here are factors to consider regarding an international retirement... https://lnkd.in/gtMazvng
RETIRING OUTSIDE OF THE STATES - FACTORS TO CONSIDER- Ep #58 — betterplanning.betterlife.
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How and WHERE to stretch your dollars in retirement
How Long Will $1 Million Last in These Retirement Destinations?
thestreet.com
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Discover everything you need to know about retiring in Canada. Comprehensive guide on retirement planning, visas, and living costs. Know more! #immigtoronto #immigratetocanada #canadapr
Retiring in Canada - Everything You Need to Know
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✨ Dreaming of globetrotting in retirement but worried about finances? Here are 7 ways retirees can travel the world on a fixed income without breaking the bank! 🌍✈️ 💡 Tax-Efficient Withdrawals & Local Price Differences Optimize your retirement income for tax benefits and choose countries with lower living costs like Southeast Asia and Eastern Europe. 🌸 Travel Off-Season or Last-Minute Take advantage of your flexible schedule to find last-minute deals or travel during off-peak times for cheaper airfare and accommodations. 🏡 Embrace the Nomadic Lifestyle Stay longer in one place to reduce costs. Consider part-time residency in multiple countries to save on taxes, living expenses, and healthcare. 👐 Volunteer or Work Part-Time Engage in “voluntourism” to cover travel costs while immersing in local cultures. Work part-time or volunteer in exchange for meals and lodging. 💱 Leverage Better Exchange Rates Spend time in countries where your money stretches further due to favorable exchange rates. Exchange currencies wisely for the best rates. 🎟️ Utilize Senior Discounts Look for senior discounts on flights, hotels, and attractions. 🏠 Generate Passive Income Rent out your home on Airbnb while abroad or use your skills to create passive income through affiliate marketing or online courses. Ready to explore the world? These tips can help you travel more and worry less about your finances! Join us at #ChildfreeWealth for more great discussions on this and other financial topics from a #Childfree or permanently #Childless perspective. #RetirementTravel #BudgetTravel #TravelTips #FinancialFreedom Thank you Angela Mae (GOBankingRates) for including Jay Zigmont, PhD, CFP® in the article along with David Blain (BlueSky Wealth Advisors), and Jodi Blodgett (professional travel photographer). Read the entire article here: https://lnkd.in/eETWhsUf
7 Ways Retirees Can Go Globe Trotting on a Fixed Income
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Have you thought about retiring abroad? Check out this article that lists the 10 Best Countries for Retirement Abroad: https://loom.ly/hewqixg #RetireToALifeYouLove #RetirementGoals #LivingAbroad #Top10
10 Best Countries for Retiring Abroad: 2024 | ThinkAdvisor
thinkadvisor.com
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CERTIFIED FINANCIAL PLANNER™ practitioner, founder of Gessner Wealth Strategies, podcast host, and avid traveler, empowering you to Retire to a Life You Love®
Have you thought about retiring abroad? Check out this article that lists the 10 Best Countries for Retirement Abroad: https://loom.ly/hewqixg #RetireToALifeYouLove #RetirementGoals #LivingAbroad #Top10
10 Best Countries for Retiring Abroad: 2024 | ThinkAdvisor
thinkadvisor.com
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Registered and Regulated Estate Agent. Head Office for Fine & Country Spain and Regional Office for Costa Blanca North
Why Spain Remains a Top Retirement Destination in 2024 Read our latest blog to find out more ⬇️ https://lnkd.in/dQiQ6phD Watch out for news of our next webinar this month to find out more about Buying and Investing in Spain! +34 685810394 spain@fineandcountry.com #fineandcountryspain #luxuryrealestate #luxuryhomes #lifestyle Christopher Hara Cristian Hara
Why Spain Remains a Top Retirement Destination in 2024
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Retired HSI Special Agent - Helping Current, Separating, and Separated Federal Criminal Investigators (1811 Series) Safely Navigate The Financial Challenges Of Retirement.
As retirement approaches, some Federal retirees are faced with a big decision: whether to stay in the U.S. or move abroad. For those seeking adventure, becoming an ex-pat may seem like an exciting option. However, for others, retiring overseas may be necessary to stretch their fixed-benefit pension and TSP income flow. Regardless of the reason, careful planning is crucial to consider cultural, medical, and tax implications, among other things. Whether you're seeking adventure or financial stability, taking the time to plan your retirement abroad is key. https://lnkd.in/dGRH6tNK
How to Retire Abroad—According to Those Who Have Done It
cntraveler.com
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International Financial Advisor | Helping Expats to invest, plan and protect their wealth. I build clear and practical plans to help you achieve your goals
🟢 Calling all Irish and British expats in Denmark! 🟢 Navigating retirement savings as an expat can be challenging, especially if you’re self-employed or a contract worker and planning to retire outside Denmark. Here are some key insights and tips to ensure you're on track for a secure financial future: 1) Cross-Border Pension Schemes: Look into solutions that offer tax benefits in both Denmark and your home country, ensuring seamless retirement savings even if you're planning to move. 2) Professional Advice: Consulting with a financial advisor who specializes in expat finances can simplify complex cross-border planning and optimize your retirement savings for life beyond Denmark. 3)Automate and Diversify: Automate contributions and diversify investments to manage risk and ensure consistent savings. Stay Informed: Keep up-to-date with changing tax laws and pension regulations in both Denmark and your home country to make informed decisions. 💼 Join Expat Networks: Engage with communities like the British Chamber of Commerce in Denmark and Irish in Denmark for support and resources. As a financial advisor with expertise in helping Irish and British expats, I’m here to guide you through the complexities and help you achieve your retirement goals, wherever you plan to retire. 📩 Get in touch to discuss how we can create a personalized retirement plan for you! #ExpatsInDenmark #RetirementPlanning #FinancialAdvice #IrishExpats #BritishExpats #SelfEmployed #FinancialPlanning
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12 Best Islands for #Retirement. Contact #EurekaWealthSolutions for all your #RetirementPlanning and #FinancialPlanning needs
12 Best Islands for Retirement
travelandleisure.com
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