'Hearst Corporation 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.
'Hearst Corporation 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:
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The growing trend of retiring abroad and its increasing allure among Americans.
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Top international retirement destinations and their unique attractions, as highlighted in the 2025 Retirement Overseas Index.
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Key considerations for transitioning to an overseas lifestyle, including residency visas, tax benefits, and healthcare options.
For Hearst Corporation 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, Hearst Corporation 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 Hearst Corporation 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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- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
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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 is the Hearst Corporation 401(k) Savings Plan?
The Hearst Corporation 401(k) Savings Plan is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are deducted, helping them prepare for retirement.
How does the Hearst Corporation match contributions to the 401(k) Savings Plan?
Hearst Corporation offers a matching contribution to the 401(k) Savings Plan, typically matching a percentage of employee contributions, up to a certain limit.
When can employees at Hearst Corporation enroll in the 401(k) Savings Plan?
Employees at Hearst Corporation can enroll in the 401(k) Savings Plan during their initial onboarding period or during designated open enrollment periods throughout the year.
What types of investment options are available in the Hearst Corporation 401(k) Savings Plan?
The Hearst Corporation 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles tailored to different risk tolerances.
Are there any fees associated with the Hearst Corporation 401(k) Savings Plan?
Yes, the Hearst Corporation 401(k) Savings Plan may have administrative fees and investment-related fees, which are outlined in the plan documents provided to employees.
Can employees take loans from their Hearst Corporation 401(k) Savings Plan?
Yes, employees may have the option to take loans from their Hearst Corporation 401(k) Savings Plan, subject to certain conditions and limits.
What happens to my Hearst Corporation 401(k) Savings Plan if I leave the company?
If you leave Hearst Corporation, you have several options for your 401(k) Savings Plan, including rolling it over into an IRA or a new employer's plan, or cashing it out (though this may incur taxes and penalties).
How can I access my Hearst Corporation 401(k) Savings Plan account information?
Employees can access their Hearst Corporation 401(k) Savings Plan account information online through the plan's designated website or by contacting the plan administrator.
Is there a vesting schedule for the Hearst Corporation 401(k) Savings Plan?
Yes, the Hearst Corporation 401(k) Savings Plan may have a vesting schedule that determines when employees fully own the company's matching contributions.
Can I change my contribution rate to the Hearst Corporation 401(k) Savings Plan?
Yes, employees can change their contribution rate to the Hearst Corporation 401(k) Savings Plan, typically at any time, depending on the plan's rules.