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West Pharmaceutical Services Employees Take on the World: Exploring the Best Overseas Retirement Spots for 2025

'West Pharmaceutical Services 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.

'West Pharmaceutical Services 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 West Pharmaceutical Services 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, West Pharmaceutical Services 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 West Pharmaceutical Services 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 types of contributions can I make to the West Pharmaceutical Services 401(k) plan?

Employees of West Pharmaceutical Services can make pre-tax and Roth (after-tax) contributions to the 401(k) plan.

Does West Pharmaceutical Services offer a company match for the 401(k) contributions?

Yes, West Pharmaceutical Services provides a company match for employee contributions to the 401(k) plan, subject to certain limits.

When can I enroll in the West Pharmaceutical Services 401(k) plan?

Employees can enroll in the West Pharmaceutical Services 401(k) plan during the initial enrollment period upon hire or during the annual open enrollment period.

What is the vesting schedule for the West Pharmaceutical Services 401(k) company match?

The vesting schedule for the company match at West Pharmaceutical Services typically follows a graded vesting schedule over a period of three to five years.

Can I take a loan against my 401(k) with West Pharmaceutical Services?

Yes, West Pharmaceutical Services allows participants to take loans against their 401(k) balance, subject to plan rules and limits.

What investment options are available in the West Pharmaceutical Services 401(k) plan?

The West Pharmaceutical Services 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and stable value funds.

How can I access my West Pharmaceutical Services 401(k) account information?

Employees can access their 401(k) account information through the West Pharmaceutical Services online portal or by contacting the plan administrator.

Are there any fees associated with the West Pharmaceutical Services 401(k) plan?

Yes, like most retirement plans, the West Pharmaceutical Services 401(k) plan may have administrative and investment fees, which are disclosed in the plan documents.

What happens to my 401(k) if I leave West Pharmaceutical Services?

If you leave West Pharmaceutical Services, you can roll over your 401(k) balance to another qualified plan, cash it out (subject to taxes and penalties), or leave it in the West plan if you meet certain criteria.

Does West Pharmaceutical Services offer financial education resources for 401(k) participants?

Yes, West Pharmaceutical Services provides financial education resources and tools to help employees make informed decisions about their 401(k) savings.