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Top things advisors need to tell their clients about retiring abroad

Joe Cronin of International Citizens Insurance

Retirees need to consider a lot more than just the exchange rate, the cuisine and the climate before retiring in a foreign country.

Sorry, Florida, but Iberia beckons.

Many Americans are choosing to retire abroad these days because of the lower cost of living. Portugal, for example, has become an extremely popular destination for Americans seeking to enjoy their golden years while simultaneously stretching their IRAs.

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