Boomers are leaving America to retire abroad in droves because the U.S. is just too expensive

https://finance.yahoo.com/news/boomers-leaving-america-retire-abroad-110000534.html

by yogthos

13 comments
  1. Few things are happening here, direct cause: Washington.
    Firstly, America grand,big bodies, tall men.
    DC, distancing themselves from Adolf, allowed manyen to join the game (centrala)
    Wall street issuing low.

  2. This has been a thing for decades. Retirees leave the country because other places are cheaper. That doesn’t inherently mean the US is expensive. That being said, Boomers are in control over the vast majority of household wealth in this country so this sounds more chickens coming home to roost for the ones that failed to actually plan for retirement but still want to live somewhere with nice warm weather.

  3. Kinda funny, the area where I migrated from in MX (Quintana Roo, Mexico) is now hella expensive because Americans/Europeans are retiring there. More people are migrating to the U.S. to build enough wealth to retire back in MX. Shit is fucked up lads.

  4. I work for a company that does international pet transportation and I get 4-5 guys a month packing up and heading to The Philippines or Thailand so I can back this up.

  5. Cool, as long as they actually sell their houses in desirable areas to young people that have kids and commutes.

  6. Hopefully they take their conservatives politics and voting with them to help bring america more in line with anyone younger than boomers

  7. Which generation failed to focus on affordable housing? lol

  8. Yeah keep voting republicans, then leave the mess behind for the younger generations, sound generous!

  9. They can’t run from Blackrock and Vanguard, don’t worry.

  10. A problem they created by giving unlimited support to corporations.

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