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


'Franchise Group 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.

'Franchise Group 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:

  1. The growing trend of retiring abroad and its increasing allure among Americans.

  2. Top international retirement destinations and their unique attractions, as highlighted in the 2025 Retirement Overseas Index.

  3. Key considerations for transitioning to an overseas lifestyle, including residency visas, tax benefits, and healthcare options.

For Franchise Group 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, Franchise Group 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 Franchise Group 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.

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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 retirement savings options does Franchise Group offer to its employees?

Franchise Group offers a 401(k) savings plan to help employees save for retirement.

How can employees at Franchise Group enroll in the 401(k) plan?

Employees at Franchise Group can enroll in the 401(k) plan by completing the enrollment forms provided during orientation or through the employee portal.

Does Franchise Group match employee contributions to the 401(k) plan?

Yes, Franchise Group offers a matching contribution up to a certain percentage of employee contributions to the 401(k) plan.

What is the vesting schedule for the 401(k) match at Franchise Group?

The vesting schedule for the 401(k) match at Franchise Group typically follows a graded vesting schedule over a period of time, which will be detailed in the plan documents.

Are there any fees associated with the Franchise Group 401(k) plan?

Yes, there may be administrative fees associated with the Franchise Group 401(k) plan, which will be disclosed in the plan documents.

Can employees take loans against their 401(k) balance at Franchise Group?

Yes, Franchise Group allows employees to take loans against their 401(k) balance, subject to the plan's terms and conditions.

What investment options are available in the Franchise Group 401(k) plan?

The Franchise Group 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

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

Employees at Franchise Group can change their contribution amounts to the 401(k) plan typically on a quarterly basis or as specified in the plan documents.

What is the minimum contribution percentage for the Franchise Group 401(k) plan?

The minimum contribution percentage for the Franchise Group 401(k) plan is usually set at 1% of the employee's salary, but employees are encouraged to contribute more if possible.

Can employees at Franchise Group access their 401(k) funds before retirement?

Employees at Franchise Group may access their 401(k) funds before retirement under certain circumstances, such as financial hardship or termination of employment.

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For more information you can reach the plan administrator for Franchise Group at , ; or by calling them at .

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