How to Retire in a Different Country

Would you move to an overseas city if it only cost $40k a year to live?

CNBC wrote an article about five overseas cities where you could have a comfortable retirement for $37,000 a year.

Miranda, Joe and Linda talk about the things one would have to leave behind but also the benefits of moving to a different location that don’t only have to do with money.

Pros and cons to moving overseas:

  • The internet makes it easy to connect with anyone almost anywhere in the world
  • In some locations the internet isn’t always accessible or reliable
  • Many overseas locations have better weather conditions
  • Some countries have areas with greater concerns for security
  • The cost of living can be much cheaper
  • You need to be concerned with the availability and cost of healthcare

We also go over the things you need to consider having in place before moving.

Links:

CNBC article: https://www.cnbc.com/2018/09/14/retire-on-37000-a-year-in-these-five-overseas-cities.html
InvestmentNews article: http://www.investmentnews.com/gallery/20180918/FREE/918009998/PH/10-countries-where-you-should-consider-retiring

 

Our show sponsors

Proudly sponosred by Buzz indexes (BUZ on the NASDAQ)

 

Today’s Panelists

Miranda Marquit | Planting Money Seeds
Linda P. Jones | Be Wealthy and Smart
Joe Saul-Sehy | Stacking Benjamins

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

 

About our sponsor, BUZZ Index

Proudly sponsored by Buzz indexes (BUZ on the NASDAQ)

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Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

 

Comments

  1. Ginger Curry says:

    I usually enjoy and appreciate the money tree podcast, however this podcast was filled with a lot of hearsay and questionable information. Also the title was misleading, I did not learn how to retire overseas’. You did raise a few things to consider if moving overseas.

    I am only writing this review because I truly enjoy the podcast but this was not up to your usual standards.
    I wish you all the best in the future.

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