By Chad Creveling, CFA, and Peggy Creveling, CFA
How much will you need to retire overseas, and how should you invest to achieve that goal? For many of us, a retirement portfolio worth the equivalent of USD 1 million might seem to be more than enough—almost like winning the lottery. Unfortunately, USD 1 million doesn’t go as far as it used to. Depending on your overseas lifestyle, this amount may provide only a reasonable, not generous, retirement, especially if that retirement lasts 30 years or more. In this article, we’ll explain how to judge if the equivalent of USD 1 million will be enough for you in retirement, as well as how best to invest to ensure you don’t run out of money or have to curtail your lifestyle.