Retirement paradise: Pension abroad: This tool shows where you should emigrate
Spend your golden years abroad - many people dream of this. But how do you find out, for example, which country by the sea is sunny and safe? Handelsblatt helps with the selection.
Many German citizens are considering leaving their homeland to retire abroad – with an estimated one in eight contemplating life overseas. Around four million Germans already enjoy their dream life in countries such as Switzerland, Austria, and the United States, often due to work-related reasons. However, as they contemplate their own aging, many are curious about the possibility of retiring in a foreign country and enjoying the "Dolce Vita."
A recent article by Handelsblatt suggests that this topic has garnered significant reader interest, indicating that numerous Germans are intrigued by the idea of retiring in Italy or other exotic locations. In response to this curiosity, Handelsblatt has developed an interactive tool that allows users to explore potential retirement destinations based on their preferences and criteria.
The tool focuses on two primary factors: safety and data availability. Countries without a travel warning from the German Foreign Office and those with sufficient data are included. This eliminates countries like Afghanistan and Sudan from the list, but also includes others such as Russia and the Democratic Republic of Congo. The tool enables users to search for their ideal retirement location based on various criteria, including financial aspects like affordability, population wealth, and the size of the German expat community.
It also considers amenities, such as the distance between the destination and Germany, as well as the quality of local cuisine.
A crucial aspect of retirement planning is healthcare, which becomes increasingly important with age. The tool incorporates data from the Legatum Prosperity Index, which standardizes healthcare quality across countries. It also includes climate-related factors like maximum temperatures, sunlight hours, and the presence of a coastline.
Additionally, users can explore how countries rank in terms of personal freedoms and LGBTQ+ rights, using evaluations from recognized institutions. Detailed information on the individual criteria and their methodologies is available in the tool's documentation.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
