Category Archives: Retirement

5 Best Countries to Retire for U.S. Citizens

5 Best Countries to Retire for U.S. Citizens

Are you looking for affordable countries to retire in?

There is no reason to lower your standards of living in your retirement years. All you have to do is mobe to a country that is 50-60 percent cheaper than the US. The major expenses you should be looking at are housing, healthcare, food, and taxes.

Factors to be considered by US citizens while selecting a country to retire in:

1. Expenses. How cheap is your new country?

2. Culture in your new country

3. Food. Is the local food fit for you?

4. Compatability. Do people like Americans?

5. Getting dual citizenship.

Here are the 5 best countries to retire for the US citizens

1. Uruguay

Uruguay is a South American nation with a mild and fairly uniform climate throughout the year. The average temperature in the northern region is 54 °F and in the south is 48 °F. So, there are no major fluctuations in the weather. Which make Uruguay one of the best places to live for a retiree.

One-bedroom apartment on rent: 350.75 $

One time local meal: Continue Reading

6 Investment Strategies to Generate Retirement Income

6 Investment Strategies to Generate Retirement Income

Last time, on The Amateur Financier, we were discussing the different sources of income when retirement rolls around. There were four that came up, pensions, Social Security, working part-time, and relying on your personal savings. Not to give away and spoilers, but there’s not too much you can do about the first two, and working… Continue Reading

4 Sources of Income in Retirement

4 Sources of Income in Retirement

There’s one major goal that most of us have for the end of our working life: retirement!  Maybe you’ve put in decades at your job, and ready to take advantage of your pension to live a luxurious life.  Perhaps you spent years working, slowly accumulating a small fortune in retirement accounts that you’re ready to… Continue Reading