With the cost of living set on a course of seemingly perpetual increases within the United States, many retirees are looking abroad.
This time on Financial Sense’ Lifetime Income podcast, we spoke with Jennifer Stevens at International Living on the top 10 countries for retirement, and some of the motivations retirees face when making the decision to live outside the United States.
No. 1 Most Attractive Spot
For those seeking to retire and live outside of the US either full-time, part-time or just as a means to invest, it’s never been easier than it is now, Stevens stated, especially when it comes to finding information and staying connected.
After consulting with contributors from around the world, International Living compiled a list of the best places to retire to.
‘Our No. 1 pick for 2017 might surprise people,’ Stevens said. ‘It’s Mexico. I think there are some misperceptions about Mexico out there, but we hope to allay them with our coverage.’
Mexico won this year for a variety of reasons, including its proximity to the United States and the ease of transit between the two countries. However, it’s important to understand that International Living is recommending specific states within Mexico, Steven noted.
This post was published at FinancialSense on 09/05/2017.