Retirement Edition: Retirement in Nicaragua South America

Source: Investopedia 2. Retirement in Nicaragua Retirement in Nicaragua needs monthly expenses for a couple including rent of around $1181.  Nicaragua is located in the heart of Central America, and it’s a premier retirement destination if you’re looking for an excellent quality of life without a high price tag. The Nicaraguan government offers a number of financial incentives to attract foreign retirees, such as a sales…

Retirement in Countries Where $200K in Savings Will Last 30 Years

Source: Investopedia Retirement abroad certainly has its benefits, such as cheaper healthcare, a refreshing change of scenery and a lower cost of living. That last detail is especially important for retirees who haven’t saved as much as they had hoped. Fortunately, there are a number of countries where you can retire comfortably with a smaller nest egg. Living on the cheap is…

The Average Retirement Savings by Age for 2016

Source: Investopidia By Tim Parker | Updated December 8, 2016 — 6:00 AM EST Are you behind on saving for retirement? Even if you don’t know what counts as “behind,” you’re likely to need to step up your efforts to build your nest egg. A June 2015 Government Accountability Office analysis found that that average Americans between the ages of 55 and 64 have accrued about $104,000…