From Dow Jones & Company:



The article discusses a 51-year-old individual’s plan to retire at age 55 with limited retirement savings. They have $125,000 in retirement accounts and $35,000 in non-retirement accounts. The individual also plans to move out of the U.S. to a country where they own a fully paid-for house. After living there for a year, they hope to obtain residency, which includes access to essentially free national healthcare. The individual’s spouse will also be drawing social security, and they are questioning whether their retirement plan is feasible.



Original: I want to retire at 55 in a country with free health care. My spouse will draw Social Security, and I have $160,000. Are we crazy?