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I have only met poor retirees when living abroad. The sort of people that have never been abroad before but love the low prices (and spend most of their time ta

I have only met poor retirees when living abroad. The sort of people that have never been abroad before but love the low prices (and spend most of their time talking about it). I don’t think the House Hunters demographic has much money.

swiftcoder 2y ago
There are plenty of wealthy (by local standards) US retirees floating around the cheaper parts of Europe. The sort of folks who bought a house in New England in the 80's, and now it sold for a couple of million in cash - that sort of money goes a long way in a place like Spain or Portugal
tzs 2y ago
As I near retirement I've thought about moving somewhere else, but never really thought about that someplace else being outside the US. But thinking about it, I think there are several other countries that would actually fit in well with most of what I'd need for a pleasant retirement. US citizens who retire abroad can still collect US Social Security so going abroad wouldn't affect my retirement income. But what about healthcare? How do non-rich US citizens who retire abroad deal with that? There are actually two aspects to that--how do you get healthcare abroad, and if you later move back to the US are there problems getting on Medicare?
- bane 2y ago
  > But what about healthcare? How do non-rich US citizens who retire abroad deal with that? You should look into it. It very much depends on the country. But typically you just start paying taxes or fees or whatnot into whatever the national system is in place. Most countries will require you to have proof of some type of outside insurance before immigrating. There are overseas specific health insurance plans you can get on -- typically not very expensive because healthcare in the rest of the world isn't insane. [1] Most countries also have a cash-only payment schedule. Unlike the U.S., fees for health services are typically known up front. In any case, even paying cash, you're likely to find healthcare outside of the U.S. (in tier-1 countries like the EU, Japan, Korea, etc.) to be high quality and very low cost -- often cheaper than healthcare in the U.S. with insurance. 1 - https://www.aetnainternational.com/ https://www.aetnainternational.com/

swiftcoder 2y ago

There are plenty of wealthy (by local standards) US retirees floating around the cheaper parts of Europe. The sort of folks who bought a house in New England in the 80's, and now it sold for a couple of million in cash - that sort of money goes a long way in a place like Spain or Portugal

tzs 2y ago

As I near retirement I've thought about moving somewhere else, but never really thought about that someplace else being outside the US. But thinking about it, I think there are several other countries that would actually fit in well with most of what I'd need for a pleasant retirement. US citizens who retire abroad can still collect US Social Security so going abroad wouldn't affect my retirement income. But what about healthcare? How do non-rich US citizens who retire abroad deal with that? There are actually two aspects to that--how do you get healthcare abroad, and if you later move back to the US are there problems getting on Medicare?

bane 2y ago
> But what about healthcare? How do non-rich US citizens who retire abroad deal with that? You should look into it. It very much depends on the country. But typically you just start paying taxes or fees or whatnot into whatever the national system is in place. Most countries will require you to have proof of some type of outside insurance before immigrating. There are overseas specific health insurance plans you can get on -- typically not very expensive because healthcare in the rest of the world isn't insane. [1] Most countries also have a cash-only payment schedule. Unlike the U.S., fees for health services are typically known up front. In any case, even paying cash, you're likely to find healthcare outside of the U.S. (in tier-1 countries like the EU, Japan, Korea, etc.) to be high quality and very low cost -- often cheaper than healthcare in the U.S. with insurance. 1 - https://www.aetnainternational.com/ https://www.aetnainternational.com/