Top Retirement Destinations Overseas

Financial Planning made a list of the top retirement destinations overseas:

Clients often dream of retiring overseas for a change of scenery and lifestyle. Here’s what a handful of RIAs have to say about some of the most popular overseas retirement destinations among their clients.

  • Costa Rica
  • Panama
  • South of France
  • Mexico
  • Bermuda
  • Hawaii
  • Staying Local [Florida]

But those who actually do go to another country are still rare.  It means giving up your neighbors, friends and close relatives.   Says one advisor:

Many clients talk about this, but few actually do it. I always advise to do a trial run and move just for a few months. Most get disillusioned. They usually choose tropical places, but living in those places is very different than vacationing. Car repairs, groceries, etc. are harder in a second language. Costa Rica does seem really popular these days, but clients quickly get disillusioned with infrastructure.”

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Korving & Company, Investment Management, Suffolk, VA

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