New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

Danaher Employees Take on the World: Exploring the Best Overseas Retirement Spots for 2025

'Danaher employees exploring international retirement can enhance their lifestyle by planning carefully around healthcare, tax considerations, and residency requirements abroad.' – Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement Group.

'Danaher employees nearing retirement should view overseas living as a strategic lifestyle choice that combines financial efficiency with rich cultural experiences—when approached with thoughtful planning.' – Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement Group.

In this article, we will discuss:

The growing trend of retiring abroad and its increasing allure among Americans.
Top international retirement destinations and their unique attractions, as highlighted in the 2025 Retirement Overseas Index.
Key considerations for transitioning to an overseas lifestyle, including residency visas, tax benefits, and healthcare options.

For Danaher employees seeking a meaningful vacation or a permanent change of scenery after retirement, the idea of retiring abroad might be enticing. Recent trends show more Americans interested in international living. According to a Gallup poll, interest grew to 21% by 2024 from 10% in 2011. Improved global connectivity and broader social acceptance globally are contributing to this rising curiosity.

The 2025 Retirement Overseas Index by Live & Invest Overseas shows why people move abroad. This index rates retirement destinations on cost of living, healthcare quality, local regulations, tax considerations, and proximity to beaches, museums, and nature trails. Such factors are essential for retirement security.

The index considers some cities as good retirement spots. Valencia in Spain has an expat community and a Mediterranean climate for leisure and culture. And Medellin, Colombia, meanwhile, is an active urban area with a varied culinary and cultural scene for retirees looking for a dynamic lifestyle.

Transitioning to an overseas lifestyle takes planning. From choosing the right travel insurance to learning from current expats, Danaher retirees can prepare for life abroad. Those efforts enable informed decision-making and realistic expectations for those prepared to live internationally.

Understanding residency is also important for retirees moving. For example, Portugal offers the D7 retirement visa, which has accessible income requirements and offers great healthcare and tax advantages. The historical richness, relaxed lifestyle, and beautiful landscape of Portugal are highlighted in the 2025 Retirement Overseas Index.

Find out where to retire abroad in 2025. Explore top options like Valencia and Medellin - both known for their cultural vibrancy, quality healthcare, affordability, and friendly environments. Taxes, residency visas, and leisure tips for retiring Americans abroad. Ideal for Danaher workers looking for a beachy experience after work.

From Valencia's old-world charm to Medellin's cultural capital, each destination offers something different - like picking a wine for retirement. So, whether it's the soft familiarity of Valencia or the wild energy of Medellin, retirees can choose where to retire by weighing costs of living, healthcare, and local community - like choosing a wine by vineyard, vintage, and flavor profile.

Retiring abroad offers lower cost of living, affordable healthcare, and exposure to other cultures. The five sources that support these points are listed below with brief explanations of how they benefit retirees and strengthen the case for international retirement.

Articles you may find interesting:

Source:

1. Investopedia Staff. 'Is Retiring Abroad Right for You? Key Factors to Consider Now.' Investopedia , Nov. 2024, www.investopedia.com/is-retiring-abroad-right-for-you-key-factors-to-consider-now-8415232 .

2. Tubongbanua, Rachelle. 'Retiring Abroad: Financial Factors to Consider.' U.S. Bank , Oct. 2024, www.usbank.com/financialiq/inspire/retirement/retiring-abroad-financial-factors-to-consider.html .

3. Ingrim, Alex. 'The Pros and Cons of Retiring Abroad.' Kiplinger , July 2023, www.kiplinger.com/retirement/retiring-abroad/the-pros-and-cons-of-retiring-abroad .

4. U.S. News Staff. 'Best Places to Retire Overseas in 2025.' U.S. News & World Report , Jan. 2025, www.usnews.com/money/retirement/articles/best-places-to-retire-overseas-in-2025 .

5. Investopedia Staff. 'Retirees Flock to These Countries for Unmatched Benefits—Is Yours on the List?' Investopedia , Oct. 2024, www.investopedia.com/retirees-flock-to-these-countries-for-unmatched-benefits-8421893 .

What type of retirement savings plan does Danaher offer to its employees?

Danaher offers a 401(k) retirement savings plan to its employees.

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

Danaher employees can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

Does Danaher provide any matching contributions to the 401(k) plan?

Yes, Danaher provides matching contributions to the 401(k) plan, which helps employees maximize their retirement savings.

What is the vesting schedule for Danaher's 401(k) matching contributions?

Danaher has a specific vesting schedule for matching contributions, which typically requires employees to work for a certain number of years before they fully own the employer match.

Can Danaher employees contribute to their 401(k) plan on a pre-tax basis?

Yes, Danaher employees can make pre-tax contributions to their 401(k) plan, reducing their taxable income.

Is there a Roth option available for Danaher's 401(k) plan?

Yes, Danaher offers a Roth 401(k) option, allowing employees to contribute after-tax dollars for tax-free withdrawals in retirement.

What is the maximum contribution limit for Danaher employees participating in the 401(k) plan?

The maximum contribution limit for Danaher employees is determined by IRS guidelines, which are updated annually.

Can Danaher employees change their contribution percentage to the 401(k) plan at any time?

Yes, Danaher employees can change their contribution percentage at any time, typically through the HR portal.

What investment options are available in Danaher's 401(k) plan?

Danaher provides a variety of investment options within its 401(k) plan, including mutual funds, target-date funds, and other investment vehicles.

Are there any fees associated with Danaher's 401(k) plan?

Yes, there may be fees associated with Danaher’s 401(k) plan, which are disclosed in the plan documents provided to employees.

Additional Articles

Check Out Articles for Danaher employees

For more information you can reach the plan administrator for Danaher at 2200 Pennsylvania Ave NW Washington, DC 20037; or by calling them at (202) 828-0850.