Sunday , 24 November 2024

Retiring? Here are 9 Countries in Asia Worth Considering (+7K Views)

More and more retirees are looking to retire abroad where the sun shines almost daily, the weather is temperate, the lifestyle is enjoyable and the cost of living is a fraction of their current expenses. Have you ever considered Asia? This infographic compares the cost of living, lifestyle and personal safety of 9 countries worth considering. Words: 999; Photos: 5

The following infographic from www.retireinasia.com is presented here compliments of www.munKNEE.com (Your Key to Making Money!). Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.

Why Westerners Retire in Asia

*http://www.retireinasia.com/why-westerners-retire-in-asia-infographic/

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For an East Asian retirement destination that won’t leave you in complete culture shock 5 cities in particular satisfy the ‘expatriate criteria’ – widely spoken English, convenient transportation, modern shopping conveniences, friendly people, and great food. Below is a description of what these convenient and charming cities have to offer. Words: 999; Photos: 5

2The 10 Best Places to Retire in Mexico

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3.  5 Places to Retire and Rent for Less Than $500 Per Month

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< noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” />Housing is likely to be one of your biggest retirement expenses. One way to approach your search for the ideal overseas retirement haven is to focus on retire-overseas choices where housing is cheap. [Below I present five such places for your consideration.] Words: 1040

4. The New Retirement Model is NO Retirement! Here’s Why

< noscript><img title=”retire” src=”https://www.munknee.com/wp-content/uploads/2011/06/retire-90×65.jpg” alt=”retire” width=”90″ height=”65″ />Welcome to the new model of retirement. No retirement. In 1983 sixty two percent (62%) of American workers had some kind of defined-benefit plan. Today less than 20% have access to a plan. The majority of retired Americans largely rely on Social Security as their de facto retirement plan [and the 35 and younger cohort are not able to save, or save enough, to eventually retire. True retirement is now a thing of the past except for a privileged few. Let me support this claim.] Words: 1091

5. Secure Your Golden Years – Now! Here’s How

Americans spend more time planning their vacations than their retirement and this is the reason why 1 out 7 baby boomers are going bankrupt. With people living longer and spending as much as 30 years in retirement, if you want to maintain a moderate standard of living, it is essential to plan your retirement well in advance to secure your golden years. This article outlines 6 ways to do just that. Words: 665

6. Is $1,000,000 Enough to Provide for a Successful 30-year Retirement?

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< noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” />Withdrawing from a $1,000,000 nest egg upon retirement using the familiar 4% rule to generate a successful 30-year inflation-adjusted (3% per annum) retirement proved to be totally inadequate as per the retirement withdrawal strategy that I put forth in a previous article (1). In fact, it crashed and burned in year 25 of the 30-year plan! In fact, as I show in this article, it will only succeed if your portfolio outperforms the S&P 500 by 5% every year for 30 straight years – and what is the likelihood of that? Words: 1533

7. AARP Survey: Golden Years Appear Grim to Aspiring Retirees

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< noscript><img src=”https://www.munknee.com/wp-content/themes/Transcript/images/thumbs/archive.jpg” alt=”” />An AARP survey of over 5,000 American workers aged 50 or older has confirmed…that the Great Recession has radically changed the financial situation for many aspiring retirees and that the outlook for their golden years now looks grim. It seems that counting on their home equity to finance a life of leisure didn’t exactly work out as planned. [Let’s review the survey’s findings.] Words: 400