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

'Nexstar Media 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.

'Nexstar Media 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:

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 Nexstar Media 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, Nexstar Media 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 Nexstar Media 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.

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 is the 401(k) plan offered by Nexstar Media Group?

The 401(k) plan at Nexstar Media Group is a retirement savings plan that allows employees to save and invest a portion of their paycheck before taxes are taken out.

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

Employees can enroll in the Nexstar Media Group 401(k) plan by completing the enrollment process through the company’s benefits portal or by contacting the HR department for assistance.

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

Yes, Nexstar Media Group offers a matching contribution to the 401(k) plan, which helps employees grow their retirement savings.

What is the maximum contribution limit for the Nexstar Media Group 401(k) plan?

The maximum contribution limit for the Nexstar Media Group 401(k) plan is determined by IRS regulations, which may change annually. Employees should check the latest guidelines for the current limit.

When can employees at Nexstar Media Group start contributing to the 401(k) plan?

Employees at Nexstar Media Group can start contributing to the 401(k) plan after they have completed their initial eligibility period, typically within their first year of employment.

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

The Nexstar Media Group 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles tailored to different risk tolerances.

Can employees at Nexstar Media Group take loans against their 401(k) savings?

Yes, employees at Nexstar Media Group may have the option to take loans against their 401(k) savings, subject to the terms and conditions of the plan.

What happens to the 401(k) plan if an employee leaves Nexstar Media Group?

If an employee leaves Nexstar Media Group, they can choose to roll over their 401(k) balance to another retirement account, cash out, or leave the funds in the Nexstar Media Group plan if permitted.

Is there a vesting schedule for the Nexstar Media Group 401(k) matching contributions?

Yes, Nexstar Media Group has a vesting schedule for matching contributions, which determines how much of the employer's contributions an employee is entitled to based on their length of service.

How can employees at Nexstar Media Group monitor their 401(k) account?

Employees can monitor their 401(k) account through the company’s benefits portal, where they can view their balance, investment performance, and make changes to their contributions.