When Should You Retire Overseas?
There are good (and not-so-good) reasons for heading abroad. Find out if you’re well-suited to the expat life and the 10 steps to take to get from where you are now to where you want to be.
There are good (and not-so-good) reasons for heading abroad. Find out if you’re well-suited to the expat life and the 10 steps to take to get from where you are now to where you want to be.
Americans knew little of Cambodia until, in 1924, a stalwart Titanic survivor, Helen Churchill Candee, published her adventures there in a book called, Angkor the Magnificent. “We think we have exposed and investigated the secret places of the whole round globe,” she says, “when there comes word of a new one, and not only a secret place but a place full of secrets.”
It’s like a grab bag at a candy store—coastal drama, rainforests, spring-weather valleys…this place costs less than Cleveland…and things just work here.” That was my assessment of Costa Rica in 1998. That trip felt like a reward. I’d been nosing out “new” destinations in places like Nicaragua and Panama—“early-in finds” that would be attractive to pioneering retirees.
The Spanish Soccer team aside, the doom and gloom in Europe runs deep. But there is a story not being told…one of opportunity borne of this crisis. A story of places where you could own your own piece of the Old World…for less than half the price of a budget family sedan.
My neighbors will be among the 500,000 visitors in London this month for the Olympics. With these friends in mind, I’ve kept an eye out for other diversions they’d enjoy—attractions beyond “bucket list” items like the London Eye, Shakespeare’s Globe Theatre or the Harry Potter studio tour. Trouble is, so much advice is standard-issue: Heathrow Airport tips…special museum exhibits…
Our only regret is that we didn’t go sooner.” Don’t wait, expats say. Try it. You’ll like it. It’s not that life overseas is without frustration. It’s just that, on balance, your quality of day-to-day living improves…and often costs you less. Many of our readers today aren’t waiting until they’re retired to give life overseas a whirl. They’re going sooner—and in more creative ways—than ever.
Thinking about retirement, we usually focus on money. Are we saving enough? With the cost of living ticking up and interest rates near zero, it’s a reasonable question. But preoccupied with funds, we often forget to reflect on why we save to begin with.
Where’s the cheapest place to retire? And “What’s the best market to invest in?” Readers always ask. In this month’s issue, we deliver the nuanced answers. Because no one-size-fits-all retirement destination exists, nor does everybody’s portfolio require the same fix.
What Life Overseas Really Looks Like... Skeptics inquire: Are the opportunities overseas really as great as we at IL portray them to be? The short answer is “yes.” But don’t take my word for it… Listen, instead, to the many firsthand stories we’ve collected in this month’s issue—on-the-ground reports from folks who decided to answer the question for themselves…at the beach…in the hills…in cities…or on islands…
What Life Overseas Really Looks Like... Skeptics inquire: Are the opportunities overseas really as great as we at IL portray them to be? The short answer is “yes.” But don’t take my word for it… Listen, instead, to the many firsthand stories we’ve collected in this month’s issue—on-the-ground reports from folks who decided to answer the question for themselves…at the beach…in the hills…in cities…or on islands…