Retirees are leaving America to save money
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Title : Retirees are leaving America to save money
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Title : Retirees are leaving America to save money
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news-today.world | Retired Americans who are down on their luck are moving out of the country to stretch their savings and Social Security income.
“For folks worried about stretching their nest egg, even a few years spent in a good-value place abroad can make a big difference on the bottom line. Moving overseas can be a solid strategy for shoring up savings,” according to Jennifer Stevens, executive editor of International Living.com.
Stevens said the expatriate option is enticing many Americans.
“For folks worried about stretching their nest egg, even a few years spent in a good-value place abroad can make a big difference on the bottom line. Moving overseas can be a solid strategy for shoring up savings,” according to Jennifer Stevens, executive editor of International Living.com.
Stevens said the expatriate option is enticing many Americans.
“It’s never been easier to retire overseas — the infrastructure is better than ever, technology keeps you connected to family and friends back home, and there is a wealth of safe, welcoming, beautiful options overseas,” she said.
Possibly the most important factor for a generation of under-saving Americans, Stevens said, is in many places “a retiree can live comfortably for less than $2,000 a month.”
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Possibly the most important factor for a generation of under-saving Americans, Stevens said, is in many places “a retiree can live comfortably for less than $2,000 a month.”
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