Stewart Koesten, MSFS, CFP®, CIMA®, Cert(IM) discusses retiring abroad in this video interview with Marie Swift, published on CityBiz.
There are a lot of perks that can make overseas retirement attractive. Stewart shares what you need to know about choosing a destination, unique financial considerations, access to retirement benefits when you move overseas, and more.
“You don’t want to transfer your American pensions and 401k plans out of the country because that country may not have the same tax treatment on those things as we do. In a lot of cases, the United States taxes are less than other countries.”
“You don’t have to live here to get social security benefits. So once you qualify, you can live elsewhere and have the benefits deposited into your account.”
With more than 35 years of experience as a wealth management advisor, Stewart has a particular passion for working with clients who work or retire abroad. He brings clarity, strategy, and confidence to their global financial lives. He is able to apply a breadth of knowledge and experience plus an extensive network of professionals in luxury travel, international taxes, immigration, and health care services, to help clients live life to the fullest.
Watch the full interview on CityBiz and find out where this world traveler is headed next!