If there’s one item that’s on nearly every senior bucket list, it’s travel.
But why settle for visiting a new country in retirement? Some people choose to live there.
Between lower living costs, gorgeous scenery, and the thrill of a new adventure, there’s a lot to love about living abroad in your retirement. But is it worth the challenges? Many seniors say yes.
While there is some bureaucracy involved, you can claim your Social Security benefits abroad. This works for almost all foreign countries, so you can take the fruits of your labor to a new land for your golden years.
This also highlights why Social Security cost-of-living adjustments (COLAs) are so important. This new chapter could be the chance of a lifetime — and if benefits are adjusted fairly, you can cover the costs comfortably.
Sign our petition to protect Social Security benefits, and demand fair yearly COLAs and reimbursement for years skipped. You can also follow us on Facebook and Twitter for more retirement content.