Have you thought about retiring abroad?

Oftentimes when we think of retirement, we think about sunny beaches with crystalline water shimmering in the sunshine. Could this or some other idyllic vision be your future?

The realities of retiring abroad can be exciting, but at the same time overwhelming. Complex financial strategies need to be considered before grabbing your passport and setting off for the unknown.

In this episode, we discuss seven crucial financial considerations that you’ll need to keep in mind if you are interested in retiring abroad.

• [0:36] Overcoming frugality in retirement
• [2:15] More people are retiring abroad
• [3:44] Put together a blueprint of what life will look like for you
• [5:00] Dealing with finances
• [6:53] Dealing with taxes
• [8:40] Dealing with investments
• [10:32] Dealing with real estate
• [12:24] Dealing with healthcare
• [13:41] Dealing with estate issues

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📰 See the full show notes here

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If you are retiring soon, you've most likely wondered if your asset allocation is too risky.

Some have called the period just before and after retirement the Retirement danger zone as it's a time where understanding how you should be invested matters for your long-term financial success.

After years of great returns in tech and large cap US stocks, many retirees could have bigger risks present in their allocations than they realize.

In today's episode, you'll learn why sequence of return risk has been called the retirement danger zone and how to prepare for it within the context of your retirement plan rather than by planning by generalized rules of thumb.

• Show Notes
• DOWNLOAD our guide to "Retire on Purpose"
• Retirement Podcast Network

So many of us will be hoping for no tax surprises when preparing our tax returns this year.

This is why we want to provide you with a list of common tax surprises to watch for.

After working with hundreds of clients to prepare their tax returns, we’re sharing the latest tax surprises we see that could be helpful to know when completing your tax return this year.

• [0:42] The Slott Report
• [2:39] Inheritance surprises
• [6:51] Credit card rewards
• [8:10] Interest income increases
• [10:54] Income earned in different states
• [12:32] 1099Ks
• [14:14] Underwithholding from your W4
• [15:56] Forgotten statements
• [17:32] Double taxation on the Backdoor Roth
• [19:49] Underpayment penalty
• [21:14] The K1 for small business owners

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📬 Get our Retire On Purpose Guide here.

📰 See the full show notes here

🌐 Explore the Retirement Podcast Network here