Future retirees realize it might be challenging to survive on the retirement savings they've managed to accumulate in their employer-sponsored retirement plan. Some think retiring abroad could make the money go farther and offer other advantages.
According to a Wisebread report, lots of people are turning to retirement outside the U.S., where their dollars may go farther and where they may even be able to take advantage of programs just for retirees.
In fact, according to Social Security Administration statistics, the number of Americans retiring abroad grew 17 percent between 2010 and 2015, and now totals some 400,000.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
