For many people, retirement is all about taking up a new hobby or spending more time with loved ones. However, other soon-to-be-retirees might have relocation on their mind. Let’s take a look at some of the most popular retirement spots, as referenced from MSN:
There’s a lot to like about Costa Rica, especially if you’re nearing the end of your working years. The low cost of living, affordable yet quality medical care, and low crime rate all contribute to Costa Rica being named the World’s Best Retirement Haven by International Living in 2018. We would be remiss if we failed to mention the stunning beauty of this place.
Picture yourself walking the beaches of Thailand without a care in the world. Similar to Costa Rica, Thailand also boasts top-notch healthcare and a low cost of living. With the number of universities, medical institutions, and tourist-focused workplaces in Thailand, retirees may also consider part-time work.
If you love delicious food and tropical beaches, then Mexico certainly has to be at the top of your list. Some retired couples enjoy a high standard of living for a mere $1,500 per month. As if you need more of a reason to retire in Mexico, don’t forget that the Mayan ruins are here.
Even if you only take a few minutes researching Panama, be sure to check out what’s called the Pensionado Visa. It gets you 25 percent off flights, 50 percent off entertainment, 30 percent off public transportation, 25 percent off restaurants, and 25 percent off utilities. As long as you can show proof of $1,000 in monthly annuity payments, you can apply for the Pensionado Visa.
Who wouldn’t want to spend their golden years in Europe? What many people don’t realize, though, is that Italy has more than just delicious food and incredible sightseeing. In addition to having access to some of the best healthcare in the world, retirees may also think about purchasing a furnished home for less than $150,000 (seriously).
Here’s another spot that will take your breath away. Portugal is known for fresh seafood and, of course, fortified wine. What might be most appealing is that even if you don’t have much money saved, you can still retire in Portugal, where it’s possible to live on Social Security alone.
Imagine an international, beach-focused retirement without having to worry about a language barrier. Belize is quickly becoming a popular retirement destination for Americans because English is the official language. Plus, you’d be hard-pressed to find a more appealing climate.
Fund Your Retirement With High Return Investments
Now that you know some of the best retirement spots in the world, let’s talk finances. Maybe your plan is to rely on a combination of stocks, bonds, annuities, savings accounts, and Social Security benefits during your golden years.
Consider the Tactical Wealth Fixed Income Fund as a supplement to your current retirement strategy. As a retiree, you can use high return investments to replace your salary and get consistent, reliable monthly income without draining those savings accounts.
Let us explain how a strategic income fund can be the difference in retiring where you want. Ask us about risk-averse investments today.