Discover reviews on "best retirement country" based on Reddit discussions and experiences.
Last updated: October 16, 2024 at 06:15 PM
Best Retirement Countries Summary
Norway
- Pros:
- Top scores in health and material well-being
- Life expectancy of 83.3 years
- Low unemployment rate at 3.8%
- Cons:
- Not mentioned in user quotes
Switzerland
- Pros:
- Stable financial environment
- No capital gains tax
- Cons:
- Expensive cost of living
Spain
- Pros:
- Great place to retire
- Vast supplies of empty houses
- Cons:
- Gentrification driving up prices
Portugal
- Pros:
- Excellent weather and lifestyle
- Cheap cost of living
- Cons:
- Housing prices increasing
Germany
- Pros:
- High quality of life
- Universal healthcare
- Cons:
- High tax rates
- Medical costs for seniors
Malaysia
- Pros:
- Retiree-friendly environment
- Good for expats
- Cons:
- Hot weather
- Political system controlled by families
Canada
- Pros:
- Universal healthcare
- Similar culture to the US
- Cons:
- Healthcare system issues
- Potential bankruptcy due to illnesses
Japan
- Pros:
- Safe and clean environment
- Good quality of life
- Cons:
- Language barrier
- Tax implications
United States
- Pros:
- Great golf courses
- Variety of climates
- Cons:
- Expensive healthcare
- High cost of living
Mexico
- Pros:
- Cheap cost of living
- Popular among expats
- Cons:
- Issues with gentrification
- Potential tax implications
Greece
- Pros:
- No capital gains tax on European ETFs
- Cons:
- Not mentioned in user quotes
These summaries provide insights into various retirement destinations based on factors like affordability, quality of life, healthcare, taxation, and climate. Each country has its own set of pros and cons, making it essential for retirees to consider their individual preferences and priorities when choosing a retirement location.