'Tempur Sealy International 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.
'Tempur Sealy International 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 Tempur Sealy International 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, Tempur Sealy International 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 Tempur Sealy International 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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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 type of retirement savings plan does Tempur Sealy International offer to its employees?
Tempur Sealy International offers a 401(k) retirement savings plan to its employees.
Does Tempur Sealy International provide any employer matching contributions to the 401(k) plan?
Yes, Tempur Sealy International offers an employer matching contribution to help employees maximize their retirement savings.
When can employees of Tempur Sealy International enroll in the 401(k) plan?
Employees of Tempur Sealy International can enroll in the 401(k) plan during the initial eligibility period or during the annual open enrollment period.
What is the eligibility requirement for Tempur Sealy International employees to participate in the 401(k) plan?
Generally, employees of Tempur Sealy International must be at least 21 years old and have completed a minimum period of service to be eligible for the 401(k) plan.
How can Tempur Sealy International employees make contributions to their 401(k) plan?
Employees of Tempur Sealy International can make contributions through payroll deductions, which can be set as a percentage of their salary.
Are there any investment options available for Tempur Sealy International's 401(k) plan?
Yes, Tempur Sealy International provides a variety of investment options within the 401(k) plan, including mutual funds and target-date funds.
Can Tempur Sealy International employees change their contribution amounts to the 401(k) plan?
Yes, employees of Tempur Sealy International can change their contribution amounts at any time, subject to plan rules.
What happens to the 401(k) contributions if an employee leaves Tempur Sealy International?
If an employee leaves Tempur Sealy International, they can either withdraw their funds, roll them over to another retirement account, or leave them in the Tempur Sealy International plan if allowed.
Does Tempur Sealy International allow loans against the 401(k) plan?
Yes, Tempur Sealy International allows employees to take loans against their 401(k) balance, subject to specific terms and conditions.
What is the vesting schedule for employer contributions in Tempur Sealy International's 401(k) plan?
The vesting schedule for employer contributions at Tempur Sealy International typically follows a graded schedule, which means employees gain ownership of employer contributions over time.