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

'TransDigm 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.

'TransDigm 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 TransDigm 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, TransDigm 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 TransDigm 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 type of retirement plan does TransDigm Group offer to its employees?

TransDigm Group offers a 401(k) Savings Plan to help employees save for retirement.

Is participation in the TransDigm Group 401(k) Savings Plan mandatory?

No, participation in the TransDigm Group 401(k) Savings Plan is voluntary; employees can choose whether or not to enroll.

What is the eligibility requirement for TransDigm Group employees to participate in the 401(k) Savings Plan?

TransDigm Group employees are typically eligible to participate in the 401(k) Savings Plan after completing a specified period of service, usually within the first year of employment.

Does TransDigm Group match employee contributions to the 401(k) Savings Plan?

Yes, TransDigm Group offers a matching contribution to the 401(k) Savings Plan based on employee contributions, subject to certain limits.

What is the maximum contribution limit for the TransDigm Group 401(k) Savings Plan?

The maximum contribution limit for the TransDigm Group 401(k) Savings Plan is aligned with the IRS limits, which can change annually.

Can TransDigm Group employees choose how their 401(k) contributions are invested?

Yes, TransDigm Group employees can choose from a variety of investment options within the 401(k) Savings Plan to suit their retirement goals.

When can TransDigm Group employees access their 401(k) Savings Plan funds?

TransDigm Group employees can access their 401(k) Savings Plan funds upon reaching retirement age, or in cases of hardship or termination of employment, subject to plan rules.

Are there any fees associated with the TransDigm Group 401(k) Savings Plan?

Yes, there may be administrative fees associated with the TransDigm Group 401(k) Savings Plan, which are disclosed in the plan documents.

How often can TransDigm Group employees change their contribution amounts to the 401(k) Savings Plan?

TransDigm Group employees can typically change their contribution amounts at designated times throughout the year, as outlined in the plan guidelines.

Does TransDigm Group provide any educational resources for employees regarding the 401(k) Savings Plan?

Yes, TransDigm Group offers educational resources and workshops to help employees understand their 401(k) Savings Plan options and investment strategies.