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Discovering Affordable Retirement Abroad: Top Destinations for Newell Brands Employees to Explore

Healthcare Provider Update: Healthcare Provider for Newell Brands: Newell Brands employees often utilize a healthcare plan through large national insurers such as UnitedHealthcare, Anthem, and Cigna. Specific offerings can vary based on the employee's location and the plan they choose, and Newell typically provides a comprehensive suite of benefits focused on preventive care, wellness, and prescription medications. Potential Healthcare Cost Increases in 2026: As we approach 2026, Newell Brands employees should brace for significant healthcare cost increases. Premiums in the ACA marketplace are anticipated to rise sharply, with some states seeing hikes over 60%. This surge is primarily driven by expiring federal subsidies and increasing medical costs, leading to a potential 75% increase in out-of-pocket expenses for individuals reliant on these plans. Employees should proactively review their benefit options and strategize to manage these heightened healthcare expenses, considering changes in deductibles and out-of-pocket maximums that employers may implement in response to rising costs. Click here to learn more

Moving abroad for retirement might seem like a distant dream, but it doesn't have to break the bank. Personal finances play a crucial role when Newell Brands employees consider relocating, whether for employment opportunities or a permanent change post-retirement. The 2024 InterNations survey highlights Vietnam as the most cost-effective country for expatriates, maintaining its top position for the fourth consecutive year.

The InterNations Expat Insider 2024 poll, with contributions from over 12,000 expatriates across 174 countries, sheds light on the most and least favorable places to live. It includes insights into quality of life, overseas employment, and financial well-being. Survey participants, including many Newell Brands employees, evaluated their satisfaction in three critical areas: cost of living, financial satisfaction, and whether their disposable income sufficed for a comfortable lifestyle.

Vietnam emerged as the leader in personal finances among 53 destinations but ranked lower in other categories like quality of life and expat essentials such as housing, language proficiency, and digital infrastructure.

The leading ten destinations for expatriates in terms of financial satisfaction include:

Vietnam
Colombia
Indonesia
Panama
India and the Philippines
Mexico
Brazil
China

Asian countries dominate this list, with six spots, particularly from Southeast Asia, where countries like Thailand, Vietnam, Indonesia, and the Philippines have received strong ratings.

The affordability of housing greatly contributes to the appeal of these locations, as noted by Kathrin Chudoba, the chief marketing officer of InterNations. The ease of finding and affording housing has been a significant advantage in these countries.

An impressive 86% of expatriates in Vietnam expressed satisfaction with the cost of living, more than double the global average. Moreover, a higher percentage of expats in Vietnam feel content with their financial situation and believe their Newell Brands income sufficiently covers their needs compared to the global averages.

A British expatriate in Vietnam shared, 'Living here is a significant relief from the stressful demands of my previous work life, offering a peaceful and fulfilling environment.'

In Vietnam, not only is the cost of living low, but expatriates often enjoy higher earnings, with a notable percentage reporting annual incomes exceeding $150,000, which is nearly double the global rate.

The country also reports high job satisfaction levels, significantly improving in the rankings related to work culture and satisfaction. The proportion of full-time workers is notably lower than the global average, reflecting the balanced work-life culture, with a substantial number of expatriates either retired or working part-time.

The InterNations survey also evaluated broader criteria, ranking countries based on overall expat satisfaction. Four Asian countries featured prominently in the top overall rankings, reflecting their appeal not just financially but also for their lifestyle and expatriate-friendly environment.

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In conclusion, relocating abroad, especially to places like Vietnam, offers a compelling mix of affordability, job satisfaction, and quality of life, making it an attractive option for Newell Brands employees considering a financially viable and fulfilling retirement.

Portugal is also gaining traction as a retirement haven due to its excellent healthcare and favorable tax policies for foreigners. With its appealing climate, affordable living costs, and robust healthcare, Portugal offers significant tax benefits through its Non-Habitual Residency program, enhancing its attractiveness as a retirement destination.

Discover the best countries for a high-quality, affordable retirement lifestyle. Vietnam remains a top choice with its low living costs and high expatriate satisfaction. Learn more about other appealing destinations like the Philippines, Indonesia, and Colombia in this comprehensive guide, which discusses the financial benefits, increased job satisfaction, and improved lifestyle opportunities associated with moving abroad. Understand why retiring to Southeast Asia can secure a relaxed and fulfilling lifestyle, as explained by the InterNations Expat Insider 2024 survey. Plan your retirement like planting your legacy in a fertile garden, where countries like Vietnam, the Philippines, Indonesia, and Colombia offer a blend of affordability and rich cultural experiences. This guide provides a retirement filled with comfort, much like a well-tended garden provides a life of abundance and joy.

*There is no guarantee that asset allocation or diversification will enhance overall returns, outperform a non-diversified portfolio, nor ensure a profit or protect against a loss. Investing involves risk, including possible loss of principal.

What type of retirement plan does Newell Brands offer to its employees?

Newell Brands offers a 401(k) retirement savings plan to help employees save for their future.

Does Newell Brands match employee contributions to the 401(k) plan?

Yes, Newell Brands provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the eligibility requirement to participate in Newell Brands' 401(k) plan?

Employees of Newell Brands are typically eligible to participate in the 401(k) plan after completing a specified period of service, usually within the first year of employment.

How can Newell Brands employees enroll in the 401(k) plan?

Newell Brands employees can enroll in the 401(k) plan through the company’s HR portal or by contacting their HR representative for assistance.

What investment options are available in Newell Brands' 401(k) plan?

Newell Brands offers a variety of investment options within the 401(k) plan, including mutual funds, target-date funds, and company stock, allowing employees to diversify their portfolios.

Can Newell Brands employees take loans against their 401(k) savings?

Yes, Newell Brands allows employees to take loans against their 401(k) savings, subject to the plan's terms and conditions.

What is the vesting schedule for Newell Brands' 401(k) matching contributions?

The vesting schedule for Newell Brands' 401(k) matching contributions typically follows a graded vesting schedule, which means employees earn ownership of the match over a period of time.

Are there any fees associated with Newell Brands' 401(k) plan?

Yes, Newell Brands' 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents provided to employees.

How often can Newell Brands employees change their contribution amounts to the 401(k) plan?

Newell Brands employees can change their contribution amounts to the 401(k) plan during designated enrollment periods or as allowed by the plan's rules.

What happens to my 401(k) savings if I leave Newell Brands?

If you leave Newell Brands, you have several options for your 401(k) savings, including rolling it over to another retirement account, cashing it out, or leaving it in the Newell Brands plan if allowed.