The Best Places to Retire Abroad in 2019

Have you recently retired?

Are you planning your retirement? Trying to figure out what’s next?

Have you considered moving out of the United States, but never had the means to do so?

Moving abroad is a big decision, but don’t be put off the idea if it appeals to you! It may be easier than you think. According to Forbes, “many countries offer a high standard of living at a much lower cost and throw in good weather, great scenery, and fascinating culture at no extra charge.”

If you’re working with a financial planner, you’ve probably spent years asking the same question – “how much does it cost to retire in Ann Arbor?” – if living abroad is something you’ve always dreamed of, you can shift your financial planning a bit to accommodate your new goal and start asking, “how much does it cost to retire abroad?”

Willian P. Barrett, a contributor for Forbes, writes, “The U.S. Social Security Administration just reported it’s now sending checks to almost 700,000 people living in foreign countries. That’s a steady 40% increase over 10 years.”

If you’re considering living abroad in retirement, here is Forbes’ list of the best places to retire in 2019 (considerations include good medical care, health care insurance, overall cost of living, tax issues, climate, safety, and local hospitality):

  • Argentina
  • Australia
  • Belize
  • Chile
  • Colombia
  • Costa Rica
  • Croatia
  • Dominican Republic

To read the full list, click here.

Work with Imber Wealth Advisors to Figure out How Much it Costs to Retire

If you’re not already working with a financial planner, it’s time to call one of our experts! Our firm treats you like family, and we will help you create a plan to achieve all your retirement goals, even living abroad! We can help you create a plan that aligns your life and your money to help you reach a stress-free retirement. Contact us today to get started!

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