save to to get enough money to generate that money so they don't want to work for us. and we just put we model different rates of inflation is a 3 percent. 5 percent, 7 percent. the average we model is about 3. uh, but sometimes it is hyper inflationary periods. you might say the 1st 7 years might be 5 percent and then it drops to 3. what are some of the advantages of retiring internationally? well, but again, depends on where you're going to go internationally. if it's so we, on the east coast have a, a good group of people are thinking about to retire you to europe, one popular places, portugal right now, because it doesn't cost a lot to live there. but there's other factors, right? that there might be, if you like, live on 50 percent of what you need in the states to retire there, but you need to figure out, ok, can i even own a home there or how am i going to live like my real estate are really the big questions in, when you moving to those kind of countries in the secondary one would be, is what's my hot water,

my medical services gonna be available. so those are factors that we taken to a lot of consideration or talking to pre retirees about this. and what about the challenges of retiring internationally, especially as an older person who cannot pick up languages and adapt as quickly anymore? oh yeah. well, well i'm, i'm assuming the person who wants to retire internationally is guys like a call. they've got a spirit of like our to learn more about the culture. right. so they want to do a lot of pre education about what the cultural norms are, especially if they go visit their once or twice before you really got to stay there for a period of time. so i normally recommend, if you're going to go anywhere that you're not, not currently living now you spend 3 months there and just do an air b and b and try to put yourself in a day to day of living there. you'll pick you out. what's the, you know, where i'm going to do my laundry, where am i going to do a dry cleaning? where am i gonna go to where, what activities,

where i want to be part of and with language, which is great, you know, the internet and, and, and just using the apps on your phone. you've got like trash like doc. com, which you could start with basic conversational things like, you know, how do you say, uh, let's go to, i wanted to find where the, with the train station is, you know, and at a time that's overlook, steps you on a set of ideas. you know, you need to know like you want to learn some of those key phrases to kind of get through your day if you will. what are some of the benefits and drawbacks of downsize saying or relocating after retirement? but i'm not really familiar with that as much. a lot of my clients were retiring to . those countries have been, had worked, had lived and worked in that country before they were from that country. and now they're going to go back to that country. so they might be getting a social security but. busy page the government pension from that country. um other countries encourage american dollars to go to their country. so they're going to

get some people favorable tax rules. that's a key issue for a lot of. i call the ex pap retiree story is i'm looking at. busy what all the tax rules and what are the agreements between the, the united states in that country. you want to do your research before you go. you might have been doing your own taxes for years. i might recommend you find a firm that has a relationship and knows those tax rules between the country you're going to that's it's just it's good tax policy. it's great. it's just good for you to be ahead of the problems. not all of a sudden be surprised if you will get a little a little mix, a lot more sense i get. i can't emphasize that enough retirement homes like assisted living facilities in the america is a very big business. so how big is the retirement home market internationally? i don't, i mean, i don't know that 1st, i don't have a specifics that what do you mean retirement home, are you talking about

a assisted living facility? are you talking about retiring home like i'm going to now i had i lived in new york . i have a house in florida. i'm not selling the house in new york to live in florida. that's the case. there's a lot of that. oh, that's expensive. so that i can start anywhere from $6000.00 a month, up until $12000.00 more depending on the level of care that the leads need. so that's also what we're seeing a lot of his parents, let's say for instance, the children, the parents, you know, the children moved away and they now live in a different state. the parents want to move closer to them. um, so the parents children can check on them everyday, you know, and flip a local facility versus having in the home our preference and most of my cards preferences has to be in their homes is as long as possible. so you can make adjustments like making so you might creates ramp. so you might create a, a,

a elevator in the house. we get to up the stairs. so you'll make some adjustments through the house so they can stay the longest. and hopefully the children live locally so they can check that for my mom and dad all time. thank you so much for your time and insight today, matthew. and when we come back, the notion of retiring and places like italy and france is appealing to the benefits those countries offer. the retirees are threatened. we'll have more on that after the break. the, the pieces they asked as of today because there's a lot of censorship on many topics in schools that start to just the migration topics to my impressions. it went on this to comment change gone back, it went on to send them a call. you see, it's, i mean, there was no,

there was no way of debate. it was either or the s. and now it's about russia and it's about, yes, we have to fight russia and russia has to be taken off the map, the garage of business and the system with the screen of the boss. can you either speak with key at the washington state. the bruce was assistant phone assume that you can use to professionally prep

a list of all but huge, but they use the some of the cheapest places to live in europe during retirement, our friends, italy and cyprus. these countries enjoy great health benefits, lower costs of living, and a relatively stable political landscape. that is, until their great benefits are now threatened, in france suffered fierce protests when president background raised the retirement age. from 62 to 64, the french are very protective of the countries, the universal health care system and generous social security system. and the idea is that you pay very high tax during your working years, but then you get to retire at a relatively young age to enjoy these benefits. this compared to most of europe

where the retirement age is still 65. unfortunately, many governments in the developed world are in similar situations as population growth is down, people are living longer, medicine is better and benefits cost more. so government attempt to balance budgets by cutting benefits, particularly in countries with generous plans like france, president macro and argue that the reforms are essential to prevent the french pension system from collapsing. and in the us, the full retirement age was 65 for most a social security's history. but the 1983 overall gradually raised the age of 67, which it reached in 2022 for those born and 1960 or later. which effectively cutting benefits by 13 percent as compared to the benefits if the retirement age has remained 65. for each one year increase in the full retirement age is equivalent to roughly 7 percent cut in monthly benefits for all affected retirees.

so if the full retirement age were raised to 70 current, social security benefits would be reduced by nearly 20 percent. essentially raising the retirement age amounts to an across the board cuts and benefits. regardless of whether a worker falls for social security benefits for upon or after reaching the full retirement age, that means that the younger generations will receive benefits for a smaller number of years and their lifetime benefits will be much lower. meanwhile, china has the world, the youngest retirement age, according to the o. e cd with women retiring at 50 and men retiring at 60. but while retiring young is the dream, the reality is that money will not be able to in order to maintain a certain lifestyle. in china, government funding hasn't kept up with a number of people entry retirement, so they have to remain in the workforce for longer. now let's take

a closer look at what does it cost to retire an african countries like cameras, and for that well, assign mach waiting to can radio a journalist and community mental health expert and joins us from cameron to discuss their perspective on african retirement dynamics. so how does the concept of retirement vary across different cultures and regions? are there any notable cultural differences and how retirement is perceived and experienced? the income in retirement was that like something which is a burglary, it's up to some things to shift school because people feel like they have to i've seen practical somebody's been retire mean or they have to go about to to know she's very much, i mean, but i don't know why doing so much to my roaming around the time in the best bet

today. why gets to enlighten the bible jennings about how to have in the family plan and also how to pay every player based on so it's not like they used to use before. as long as i said, i took the time and i'm the, you know, well, the idea of more hopefully that you're fine, i think maybe because or send it back to diamonds king. so they thought that when the eastern time and a guy that seems for them and the end of their lives, i mean, you know, then after the fact that we 2 years after 10 minutes later today, some of that is, is seen avenue. and can you share insight into the retirement systems as social support structure as an african countries and how they differ from other parts of the world? um, so a come around just couple years ago in the past. actually, we had them in time in ages from from east dietz is defined as

a categories b, a, b, c, d, 's or category. it will mean that you are a senior level staff category. do you mean, you know, any level staff as thursdays or executives and category g for somebody needs some category and you retire at the age of 55 and category c energy as an agent pc. but on the 2nd of december sweeney training, those at the stage has decreed that to how nice retirement is increased and come in . so 3, that's crazy. we now have um diamond it use for categories, ease, andes, one to 60 is a category c and z, 5 is or if someone writes for every call and kind of hard for me to service. okay. discuss any cultural norms or traditions related to retirement in african countries and how they shape retirement experiences for individuals. i mean to not be that

you work for a certain number of years, reading the way to accept these and i'm waiting you your class, you to also being on the call. you find yourself in. so either you'd be had people in the business medical to add those, you know, it's each insect so i know guys are retiring and had those in on. i do have a meeting then they're not there. and i've reached back to me, today's stuff you're seeing, there's a lot of a time now we have people to be waiting on them to retirement. you know, you know, i said to you, if you look for 20 years, you're interested about how i feel free to take your brands here to, tammy is going to have your patients. but um, like i mentioned in the past with my life just because 1st of all, people do not the druggist, you know, read about what's diamond and sales and vision. so they were not,

i mean what i had to find out what the brand jamming schemes available for them or what's the patient's game and how windows 10? no, it's important to you to put their time in. that is a really huge supply. in the next, i have to have, i have no m saves, i have nothing to the wrong because there was a letter from the settings are on their pension. and sam, interesting, but today there is information out there on the internet every way. so people can actually go to office. i mean, i talk to this guy about every time in man or having patients to attach to the entity. how does a emphasis on intergenerational support and family dynamics impact retirement planning and lifestyle choices and african culture in terms of the family dynamics

route and i just wanted time and quickly as we learn. so what goes on your family? because, you know, people understand that expect them to be on time and we need to get around, you know, be around the right at least a good lead cypress, which are also boards. you don't need to be in class within, you know, just to be available for them on the show before the retire and the person who, the less, you know, they have to have gena, i only got people in the house, you know, be as tough as die there's literally nothing that goes through tammy, is because they like the new bogging on the house or they just use the around. so in the past, the company so forth was not a, it's been more and more. we have seen that families are fixing to get back to you as this long term and to provide the family, not been kinase, and just being there for the space for them to state the basic needs. and

then it's and get her. uh, i'm it. so how many so, so what chief of the entire means in my context, they try and in fact in my culture, and normally you'll realize that we have to look to be around all that people we have the means to be joined and stick tendencies. so if you need to retire and you don't have to get somebody issued in your why your bad or this way, you know, directly related to you, you haven't coughing, you have a cause and all you have really distorted lives to keep that culture stays in your house, or you can go by, it's really tracking their fees. so more and more we are having these scenarios where people, what we can say, i mean, that's a to receive and i'm going to stop watch when they need to. if they need it, can you provide some examples of countries in africa that are popular along retirees and how retirement life differs in these particular regions?

is also that this will retire from civil service. my country because international jobs, maybe from the u. a client in your that international organization. so yeah, that process. so people that with that level of experience and um, with the website and able to take off his job because i have this draw tv. and i do say 560 i think is too strong enough to work. because assume that it's not, it was if i'm supposed to work, so there was definitely space for them to get to see the national and saturdays all aspects due to some of that kind of i live on the right area because it is, i'm actually the much now facial scheme, so yeah, it's possible is do it, will it wraps new door? many people that i know we need my phone fixed. well next phone come in. okay. it just keeps dan international. jose. i retired and had that and that's enough asians team. so it just depends on where you want to go from way when your

emotional level and the how fi um once your recent activity is the international curry and i informed you about, you know, the international patient's team and how you can benefit from that. thank you. so much well assigned for all your time today. a retirement is an availability for everyone eventually, but some lower tire in better shape than others. the winners are going to be the ones who are playing properly for their retirement and saved up a decent next day in order to provide them with the same lifestyle that they've become accustomed to. on average, retirement is about 20 years. so there has to be enough saved a way to last and enjoy the latter years. unfortunately, most people wait until it's almost too late. millions of americans are still financially unrepaired for retirement,

as nearly 50 percent of women and 40 percent of men between the ages of 55 and 66 have no retirement savings. as the culture has adopted a live for now, philosophy which can become a burden onto the younger generation. i'm christy. i. thanks for watching and we'll see you right back here next time on the cost of everything. the

what we've got to do is identify the threats that we have. it's crazy on foundation . let it be an arms race is often very dramatic. the only personally i'm going to resist, i don't see how that strategy will be successful, very political time. time to sit down and talk the the top, sorry, is this how iraq expo the see the time about the office, of course agents spoken aloud problems we burned outside the about the end of this, a customized outraged process is storm. the swedish up to the fact that we demand to the swedish government, 10 of your wifi government. still it's, it gives the human rights to have the emotions of people as long as provocative listening to face example. most indeed is

a power as going to be motivated by those in eastern provenance off of video women being provided, make it as close to some place throughout the news lately as a unit that's building was it goes into a westbank, mississippi. as on processing processing is between one and an engine dozens more pointing to the 4th time to run a position protests, infinity, and divide public opinion with them. if i did so, i think up in price wise is, i'll just say closing unrest is no longer the live it from our international in the center. it must go. this is 2 of them with global need. your rocky for a long should i say expels of the swedish, i'm back to the of so far as these in sometimes admitted,

yet another problem to be. but outside the rocky embassy, the devastation to the move them wholly both as over evil forces the be done with one man, seen it pensively putting his foot on the slip to the okay of of these one. they would several diplomatic ties and sweden off the previous clause, but in stuff like the rocky government has informed the swedish government through diplomatic channels that any recurrence of the incidents involving the boon and of the holy koran. once with the soil, with necessitates civilian diplomatic relations. so i feel his proud stillwell, i'm dying to set a blame the swedish embassy, and by that in reaction to the swedish, or it'd be submitting the correct to the minimum wage amount of the swedish government. and the rustic government still on the back is against the human rights and the emotions of the people and as long as provocative to mostly host the

feelings of the most names. we demand the religious associations. don't this act i don't by today we may add to the swedish embassy following the act of the ends, the del sol, one. let me pass where we change it demonstrates all support for the koran. couldn't wait until the morning were broken at dawn and set fire to the embassy and make god give victory to the believers and stimulated the hypocrites. i'm one of the few who set fire to the swedish embassy, and this message is sent to the old world. this religion is for everybody, not just for soldiers moving in early this morning. hundreds of demonstrators storms, the sweetest embassy. they were able to set it on fire. according to some information we received, some of the demonstrators were from, among those for whom insulting a religious belief is unacceptable. and the other part was from the followers of the outside are movements. these demonstrators were able to invade the embassy and

set it on fire against the background of this event. the rocky government has taken strict security measures by deploying security forces around the embassy, according to available information. as a result of this assault, none of the employees of the diplomatic mission was injured. the staff of escalation by the demonstrators who defending the grant, shorted the slogan. yes, yes, to the grand was, was a response to the permission of the swedish police to hold a burning of the holy qur'an at the rocky embassy in stock, or on this occasion. a statement was made by the ministry of foreign affairs of the rock, condemning the attack on the swedish embassy given that this action is a violation of the convention on the protection of diplomatic missions. the vienna convention 1961 onto to maddox, relation to the rocky foreign ministry, also stressed that the rocky government has ordered the punishment of those in fault in this attack. now, the demonstrators have been pushed out of the embassy area. it should be mentioned

here that according to available information, some of our fellow journalists were attacked by law enforcement forces because they were covering the storming of the embassy positive at the i spoke with physical allison mohammed obeyed. he told us that it's common west of practice to impose their own rules on a global scale without considering the negative effects of their ex. the problem that you have with the western was general, is that they have set through is understand the and they are forcing everyone to take them the way they are and they want to impose them on everyone else and they're all good. but this cannot go, i mean, you know, i've seen though, everybody is being a ghost and the, they are taking the actions that nobody wants but, but still you have to expect to see you have to take into account that this is the only book of the 1000000000200000 people and you out of your out of

the success thing. this said, this book. you are heart of me everyone and you are having the feelings of everyone who believes and this religious. unfortunately, and there was that i have no values to be respected whatsoever. now you can install the god or the photos of a low god of the bible for jesus christ. you're getting. so as a you want to, i'm, this is not, this cannot be accepted in the, in the, a stomach with any of the problem is a, has condemned the rent estimates, the motivated violence in the eastern province of money putting near the border with me in my outbox off of video to women being provided may keep an groups sent shock waves throughout the south asian country of sod till the incidents of man of poor, which has come to the for a shame full for any civilization. the country is shame. i appealed to all she

administered strength and laws to take stringent action against the crime, especially against women's opinions. and it might be from roger ste on. try to score or might a poor, the corporate should not go scott free in any corner of the country about 2 months, hundreds displeased around 150 people killed on the wireless, is yet to stroll in the state of 14914 was a small state it was one of the smallest states in the country and yet it has been boning for 2 months. now this, we deal that a so faced of 2 women being paraded me could, is, i know we deal with the all was from me full um, but nonetheless its fine. surely we do, it has, it has outreach to india, a deeply, deeply sab indians to see a what they've seen. of course, you're not seeing a reward awards being those special source with the old stuff. uh, simply because the we want to make sure that the identity of those 2 women

is protected. i'm be the video is extremely, extremely disturbing. now in the elf costs is outraged in there is very, very upset with what we've seen. did see of the prime minister of the country or school, pronounced the chief minister. all the top is port in the country. also the opposition? boston janice is for money for why this is the 2nd sold. it's to estimate communities the may be using the cookies for been fighting each other. bought the while and sweeney re sophie's when a high schools in india, all the basic needs recommended that bill follow for macy community of the to should be given a result stages. so cookie community golf agitated, awesome, this was the say, gore book, just 2 months now. have boston to live in, seems to not be in control. hundreds of people in the states have been to these so

far, the army, the seeds come home, the same to despise, all of them, intervening divided and really not been able to stop. the wireless, as far as this incident has, is, is consuming. so the video just come to for the one person who's been arrested so far, the government received government money. we're seeing the make sure that the ball is done up to, to give justice to the, to women of the rules. so gang, replete all of the 2 women in the field in this video. and i went viral over the internet in india. uh, the, the use of downgrades as estimate punishments, but now falls. the government is sort of the country also hasn't broken his silence off to $79.00. or these money for me told me in the, in the fall into the session in india as well as authorizes out to them at least

a pos, sidney, and has been killed. and so the 5 pointed following classes is in protest is and is really mid fi in the west bank hotspots opened up the last quote into the posting health them is the ad local media reports. 3 the gun saw sign explosives could be heard from some time on the seats of novice flashes began over night, all surpassing is but 5 as of blood roads to prevent jewish worship of reaching the whole. the site is very forces high to enter the area offensively, to protect who believes my colleagues unit o'neill spoke with tourism based mid these ex. but you any been? and that came said the right to pray of home. the site shouldn't be equal for everyone to they also.