Hello and Today's topic, retire abroad.

Have you ever fantasized about retiring to a white sand, palm tree-strewn tropical paradise?

Or maybe life in a picturesque hillside village in Italy is more your style.

Whether you're close to retiring or just dreaming about it far off in the future, it's worth

considering where you want to live when you retire. Do you want to stay put? Do you want to move to be in your friends or family? Do you want to move to a place with a better climate or somewhere with a lower cost of living.

When you think about your choices for where to live when you retire,

there's no need to limit your options to the country you're currently in.

In fact, there are a lot of reasons to consider retiring abroad. In the US more and more

people are heading to other countries when they retire. They're drawn by

adventure, pleasant climates, and lower costs of living that

helped them make the most of their nest eggs. Even with a weakening US dollar,

it's possible to live the good life on a modest budget in some countries. Retiring abroad in well-chosen locations

can put luxuries like having a maid and a cook within reach. It can also allow you to

retire years earlier than what might be possible if you were to stay put.

Some countries provide incentives, like resident visas, tax breaks, and discounts on services

to encourage expat retirees to live there.

You can find out more about the rules for and benefits of retiring in a particular country

by visiting the website for that country's consulate.

When you consider whether retiring abroad might be for you,

think about whether you'd enjoy living in a place with a different culture.

If being near friends and family members is important to you,

retiring abroad probably isn't for you.

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