How it Works
Our Overseas Retirement Calculator is based on the "50:30:20 rule," which allocates 50% of your income toward necessities, such as housing and bills. After that, 30% can be allocated to your wants, including dining, entertainment, travel, and so on. The final 20% can go toward financial goals, such as savings and paying off debt.
It is also assumed that you have, in savings, an amount that matches the total annual cost of living for a specific location. (In other words, if the cost of living is $20,000 a year, that's how much you should have in savings before you consider retiring there.)