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Moving Abroad

Embracing a Global Lifestyle: Tips for Baby Boomers Moving Abroad

Over 760,000 Americans receive Social Security benefits while living abroad. The top destination country is Costa Rica followed by Portugal, Mexico, Panama and Spain.  Moving abroad at any age can be an exhilarating but daunting prospect. For Baby Boomers, this could mean a thrilling second act filled with new adventures and experiences. However, it also comes with unique challenges that need careful consideration and planning. Our experts in this area of the site explore both the positives and negatives of moving overseas.

Many retirees move abroad because they cannot comfortably live on a fixed Retirement income in the US. Others move because they are uncomfortable with the direction our country is heading. Some retirees move abroad to fulfill lifelong dreams of Travel and cultural immersion. And others, who could afford to stay in the US, realize how much more value their Money has overseas. While some retirees are just looking for a warmer climate to escape harsh winters and to enjoy more outdoor activities like hiking, swimming and Yoga. So, moving abroad for many of us offers a chance to embrace a new adventure, achieve financial freedom and still live a fulfilling retirement Lifestyle.

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