Who says you have to wait until you are 65 years old to retire? If you have worked hard all your life and have the finances to support your lifestyle without working, you can retire whenever you want!
Retiring early in Portugal offers many amazing benefits. For one, you can enjoy your “permanent vacation” in Europe’s sunniest and most inviting country. Imagine waking up each morning with no responsibilities other than to fill your day with fun and interesting things to do!
Retirement in Portugal
Most people think 65 is the proper retirement age because that’s when most Social Security benefits are available in the US. But thanks to new laws, if you wait until you are 70 before you retire, most people can collect a higher monthly payment.
But considering the average life expectancy in the US is 77.28 years, if you wait that long you may not have that much time to enjoy your retirement. Incidentally, the average life expectancy in Portugal is 80.98 years — perhaps because of the country’s more laid-back lifestyle, better diet, and general enjoyment of everyday living.
The truth is you don’t have to wait until your Social Security kicks in before you retire. You can always retire now and fund your own lifestyle while you wait for US Social Security eligibility. And considering that the cost of living in Portugal is considerably lower than it is in the US, your money will likely to much, much farther.
Portugal’s innovative and inviting Golden Visa program allows US citizens to get permanent residency or even full citizenship quickly and easily. So early retirement in Portugal could be a lot closer than you think.
At BRINT Portugal, we have been helping people from the US, Canada, the UK, and elsewhere discover the benefits of retiring early in Portugal by means of the Golden Visa program. Let’s talk!