Retirement Decisions for Nurses: Staying in the US vs. Going International

So, guess what? Harrison and I did something kinda wild. After tying the knot in 2021 and navigating the rollercoaster that is a nursing career (you know the drill – caffeine highs, 3 am emergencies, and those rare quiet moments where you can hear yourself think), we took a big leap. We packed our bags, kissed the US goodbye, and hopped over to Australia for practice for our early retirement. Crazy, right?

We always had this itch, this little voice saying, "What if our retirement dollars could go father elsewhere ?" And you know what? We listened.

Now, I'm not saying everyone should just jump continents like it's a hopscotch game, but if you're curious about what's out there beyond Uncle Sam's backyard, you're in the right place. Stick around, and let’s chat about finding that perfect retirement spot for all us hard-working nurses.

1. Retiring in the US: The Comfort of Home

• Advantages:

  • Familiarity: Culture, system, language – everything is known.
  • Healthcare Access: Established connections and familiarity with the system.
  • Family & Friends: Proximity can be a significant advantage.

• Drawbacks:

  • Cost of Living: Certain areas can be notably expensive.
  • Weather Limitations: Limited choices for tropical lovers.

2. Retiring in Western Countries (Australia, UK, Europe): Modernity Meets Adventure

• Advantages:

  • Modern Amenities: Infrastructure and amenities on par with the US.
  • Healthcare: Quality healthcare systems, often publicly funded.
  • Cultural Diversity: Diverse cities, rich history, and multiple lifestyle choices.

• Drawbacks:

  • Cost: Living in western countries can sometimes mirror US expenses.
  • Distance from Home: Depending on the choice, you might still be far from loved ones.

3. Retiring in Developing Countries (Mexico, Southeast Asia): Affordability Meets Exoticism

• Advantages:

  • Cost-Effective: Your retirement savings might stretch much further.
  • Cultural Immersion: A truly different way of life, rich in traditions.
  • Pleasant Climates: Options for tropical or temperate climates abound.
  • Growing Expat Communities: Many such destinations have thriving communities of retirees.

• Drawbacks:

  • Language Barriers: Not everyone might speak English.
  • Adjustment Period: It may take time to get accustomed to certain local practices.
  • Healthcare: While many places offer quality care, it’s essential to research and ensure it meets your standards.

Decision-making Tips:

1. Deep Dive Research: Beyond reading, consider virtual tours, attending webinars, or even talking to local authorities of potential retirement destinations.
2. Trial Visits: Spend a few weeks or even months in your potential retirement spot.
3. Network: Engage with fellow nurses or retirees for firsthand insights.

Ultimately, the decision boils down to personal preference. Whether it’s the nostalgic lanes of Europe, the balmy beaches of Southeast Asia, or the familiarity of home, ensure your choice resonates with your vision of a fulfilling retirement. After your diligent service, you've earned a place that brings peace, joy, and comfort.