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

'Quest Diagnostics 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.

'Quest Diagnostics 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 Quest Diagnostics 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, Quest Diagnostics 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 Quest Diagnostics 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 Quest Diagnostics?

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

How does Quest Diagnostics match employee contributions to the 401(k) plan?

Quest Diagnostics offers a matching contribution to the 401(k) plan, matching a percentage of the employee's contributions up to a certain limit, helping employees maximize their retirement savings.

When can I enroll in the Quest Diagnostics 401(k) plan?

Employees at Quest Diagnostics can enroll in the 401(k) plan during their initial eligibility period, typically within the first few months of employment, as well as during annual open enrollment periods.

What types of investment options are available in the Quest Diagnostics 401(k) plan?

The Quest Diagnostics 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock, allowing employees to choose investments that align with their retirement goals.

Can I take a loan against my 401(k) plan with Quest Diagnostics?

Yes, Quest Diagnostics allows employees to take loans against their 401(k) balance under certain conditions, providing a way to access funds for emergencies or significant expenses.

What is the vesting schedule for the Quest Diagnostics 401(k) plan?

The vesting schedule for the Quest Diagnostics 401(k) plan determines how much of the employer's matching contributions an employee is entitled to keep, typically based on years of service.

How can I access my 401(k) account with Quest Diagnostics?

Employees can access their Quest Diagnostics 401(k) accounts online through the designated retirement plan portal, where they can view balances, make changes, and manage investments.

What happens to my 401(k) plan if I leave Quest Diagnostics?

If you leave Quest Diagnostics, you have several options for your 401(k), including rolling it over to an IRA or a new employer's plan, cashing it out, or leaving it in the Quest Diagnostics plan if permitted.

Does Quest Diagnostics offer financial education resources for 401(k) participants?

Yes, Quest Diagnostics provides financial education resources and workshops to help employees understand their 401(k) plan options and make informed investment decisions.

What is the maximum contribution limit for the Quest Diagnostics 401(k) plan?

The maximum contribution limit for the Quest Diagnostics 401(k) plan follows IRS guidelines, which are updated annually. Employees should check the current limits to ensure they are maximizing their contributions.