More Americans are looking to move out of the US when they retire. The unpredictable conditions of the US are a motivator for some people to go somewhere where life is a little more tranquil, like Costa Rica. Cost is another factor. When people retire they are only getting some of the money they are used to getting, and so to save money, they are thinking of moving out of the US for a more cost effective option.
Key Takeaways:
- International Living noted a 1,600% increase for the online search phrase “move out of the U.S.”
- Nearly half of respondents cited expenses, particularly health care costs, as their motivation.
- There was an even split about whether people wanted to be full-time or part-time expats.
“The publication recently polled its 9,000-plus readers — both before the pandemic struck and then again a few months into it — to get a better sense of their motivations for investigating their overseas options.”
Read more: https://www.thinkadvisor.com/2020/10/08/many-americans-want-to-retire-early-move-out-of-u-s-survey/
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