This sunny southern European country hugging the Atlantic coastline claims the No. 1 retirement spot on both International Living’s 2023 Annual Global Retirement Index and Global Citizen Solutions’s list of countries to retire abroad for Americans in 2023. It also grabbed the No. 2 spot on Live and Invest Overseas’s top 10 list. So what makes Portugal such a fabulous place to retire? The country scored high marks not only for being one of the safest countries in the world but also for its affordability, temperate climate and stable government.
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Retiring overseas is one way to access cheaper food and living expenses while improving lifestyle goals, like travelling or being closer to your cultural roots. This week in Citro, Allison Tait, explores the Top 10 places Australians are retiring overseas and the advice you need to get around super, tax and medical care before you go. #retirementplanning #retirement #retirementgoals #retirementliving
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The Best Country to Retire: A Personal Choice Involving Various Factors Deciding on the best country to retire is a deeply personal choice, influenced by various factors such as cost of living, quality of life, healthcare, and cultural accessibility. For Americans, popular retirement destinations include Portugal, Spain, New Zealand, and Ecuador, all acclaimed for their high quality of life, excellent healthcare systems, and favorable tax environments. However, choosing a retirement destination goes beyond just these factors. Safety, the ease of integration into the local community, and overall affordability are also crucial considerations. Each country offers a unique blend of these elements, making it important for retirees to weigh what matters most to them. For instance, Portugal and Spain offer rich cultural experiences and a relatively lower cost of living compared to the U.S. New Zealand is known for its stunning landscapes and outdoor lifestyle, while Ecuador provides a very cost-effective living with a warm climate. The best country to retire to ultimately depends on individual needs and priorities. It’s essential to research thoroughly, possibly visit the countries in consideration, and reflect on personal preferences and lifestyle choices before making this significant decision.
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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
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We crunched the numbers, compared the facts, and assessed what makes certain retirement destinations better than others. Discover the ten most cost-effective countries to retire in worldwide and start planning your journey! 🏖️
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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
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Financial Advisor at MHB Advisory Services | Guiding Clients in their Pursuit of Financial Freedom | Asset Management and Financial Planning | Small Business Consulting for the Self-Employed
Retiring abroad can be a reality with proper planning & choosing an affordable destination that fits within your retirement budget. Here are 4 locations to consider.
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