You’ve worked your entire life earning money, and now you want to enjoy it in comfort, right?
Unfortunately for most people, this money disappears in no time.
Most of it drips back into the government’s accounts – YES, the people who you’ve been paying your whole life.
That’s why I’ve compiled a list of retirement havens for you to live the best life you possibly can…
You’d be surprised how many places you can retire that are better than the US financially, but I’ll keep this list focused on the best of the best, so you can keep the hard-earned money you deserve.
- Panama
This is an obvious one as it’s well-known that Panama is a tax-haven, but did you know it’s also a retirement paradise?
One benefit of Panama before we get to the financial side: It’s a tropical paradise that sits outside of the Hurricane belt and is only a 3-hour flight from Miami.
Panama is known to have great healthcare and a stable economy.
The hospitals are fantastic, and the country has survived some of history’s most devastating economic downturns without a scratch.
The taxes in Panama can’t be beat, so you can be sure your money is looked after, but there’s one thing that sets this country above the rest…
So many wealthy Americans move to Panama, meaning there are local investment opportunities that you can’t find anywhere else.
It’s all about meeting the right people down there (which should be no problem with its large expat community).
2. Costa Rica
Costa Rica has many similar retirement benefits as Panama.
It has great healthcare, and it is known as the #1 economy in Central America.
There is one secret that makes Costa Rica very desirable for retirees and investors…
The government is incentivizing Americans to move down by offering free housing and other benefits.
That’s right… these are benefits YOU can take advantage of all while living a luxurious retirement.
Imagine how much money you’d save (on top of all the other benefits) if you didn’t have to pay for living…
That’s what puts Costa Rica as high as #2 on this list (and quite frankly joint first).
3. Portugal
It comes as a surprise to most people when I list Portugal as the 3rd best Retirement Haven.
It’s not commonly known as a retirement haven, but I think that’s because it’s just that much further than most of our Central/South American neighbors.
But that doesn’t mean it should be ruled out.
Besides, you can get almost anywhere you want these days in a single flight.
One of the many reasons Portugal makes it onto my list is because of the recent work the government is doing to lower taxes.
Another benefit of this Retirement Haven is its extremely low-cost of living.
You can live a comfortable life on around $1,400 a month.
Can you picture what $1,400 a month would get you here in the U.S.?
That means your retirement savings will stretch much further.
So, there you have it… my top 3 retirement havens that keep your money where it belongs.
Now, it’s just up to you which one you pick.
