'SiteOne Landscape Supply 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.
'SiteOne Landscape Supply 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 SiteOne Landscape Supply 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, SiteOne Landscape Supply 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 SiteOne Landscape Supply 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 401(k) plan offered by SiteOne Landscape Supply?
The 401(k) plan at SiteOne Landscape Supply is a retirement savings plan that allows employees to save a portion of their salary on a tax-deferred basis.
How can employees at SiteOne Landscape Supply enroll in the 401(k) plan?
Employees can enroll in the 401(k) plan by completing the enrollment form available on the SiteOne Landscape Supply employee portal or by contacting the HR department for assistance.
Does SiteOne Landscape Supply offer any matching contributions to the 401(k) plan?
Yes, SiteOne Landscape Supply offers a matching contribution to the 401(k) plan, which helps employees boost their retirement savings.
What is the vesting schedule for the 401(k) matching contributions at SiteOne Landscape Supply?
The vesting schedule for matching contributions at SiteOne Landscape Supply typically follows a graded vesting schedule, where employees earn ownership of the match over a period of time.
Can employees at SiteOne Landscape Supply take loans against their 401(k) savings?
Yes, SiteOne Landscape Supply allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan documents.
What investment options are available in the SiteOne Landscape Supply 401(k) plan?
The SiteOne Landscape Supply 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.
Is there a minimum contribution requirement for the 401(k) plan at SiteOne Landscape Supply?
Yes, SiteOne Landscape Supply has a minimum contribution requirement for employees who wish to participate in the 401(k) plan, which is detailed in the plan documents.
How often can employees at SiteOne Landscape Supply change their 401(k) contribution percentage?
Employees at SiteOne Landscape Supply can change their 401(k) contribution percentage at any time, subject to the plan's rules regarding frequency and notice.
What happens to the 401(k) plan if an employee leaves SiteOne Landscape Supply?
If an employee leaves SiteOne Landscape Supply, they have several options for their 401(k) savings, including rolling over the balance to another retirement account, cashing out, or leaving the funds in the SiteOne plan if eligible.
Does SiteOne Landscape Supply provide educational resources for employees regarding their 401(k) plan?
Yes, SiteOne Landscape Supply offers educational resources and workshops to help employees understand their 401(k) plan options and make informed investment decisions.
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