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Party City Holdco Employees Take on the World: Exploring the Best Overseas Retirement Spots for 2025

'Party City Holdco 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.

'Party City Holdco 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 Party City Holdco 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, Party City Holdco 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 Party City Holdco 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 Party City Holdco?

The 401(k) plan offered by Party City Holdco is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can employees enroll in the 401(k) plan at Party City Holdco?

Employees can enroll in the 401(k) plan at Party City Holdco by completing the enrollment form available through the company's HR portal.

Does Party City Holdco match employee contributions to the 401(k) plan?

Yes, Party City Holdco offers a matching contribution to employee 401(k) plans, helping to enhance retirement savings.

What is the eligibility requirement for Party City Holdco's 401(k) plan?

Employees of Party City Holdco are generally eligible to participate in the 401(k) plan after completing a specified period of service, typically 30 days.

What types of investments are available in Party City Holdco's 401(k) plan?

Party City Holdco's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Can employees change their contribution percentage to the 401(k) plan at Party City Holdco?

Yes, employees at Party City Holdco can change their contribution percentage at any time, subject to plan rules.

What is the maximum contribution limit for the 401(k) plan at Party City Holdco?

The maximum contribution limit for the 401(k) plan at Party City Holdco is subject to IRS regulations, which may change annually.

Does Party City Holdco offer a Roth 401(k) option?

Yes, Party City Holdco provides employees with the option to contribute to a Roth 401(k), allowing for after-tax contributions.

How often can employees at Party City Holdco make changes to their investment allocations in the 401(k) plan?

Employees at Party City Holdco can typically make changes to their investment allocations on a quarterly basis or as specified in the plan documents.

What happens to the 401(k) plan if an employee leaves Party City Holdco?

If an employee leaves Party City Holdco, they have several options for their 401(k) plan, including rolling it over to another retirement account, cashing it out, or leaving it in the current plan.