Over 500K Americans received Social Security benefits abroad in 2016, with Costa Rica topping International Living's 2024 Global Retirement Index as the world's best retirement destination.

Amid a growing trend of Baby Boomers retiring abroad, financial experts are advising individuals to carefully consider all aspects of their move before making the leap. Over half a million Americans received Social Security benefits in 2016 whilst abroad, highlighting a significant increase in such migrations. However, experts emphasize the need for thorough research on potential health, wealth, and welfare issues that may arise in foreign countries. Costa Rica tops the list as the world's best retirement destination, as reported by International Living's 2024 Annual Global Retirement Index, making the third time the country has claimed this title.

January 29, 2024
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