Cost of living for pensioners in an international comparison
Even experts smile when figures on price developments are published on a regular basis. The data does not reveal every detail by a long way. Rather, they hide the essentials. Falling prices for cell phones and computers are heavily overweighted. The pure cost of living (rent, electricity and food) play a rather subordinate role. In this way, as a pensioner, you can afford less and less. Would retirement abroad be a cheaper alternative?
One of the tasks of the Germans pension insurance It is the federal government's responsibility to pay all insured persons their pensions on time. The recipient country does not matter. Her pension you can get it anywhere, including abroad.
Pension payments to retirees abroad
The pension insurance pays pensions in more than 150 countries. Like many others, you may have thought to yourself during a relaxing holiday: "I could be here Enjoy your later retirement! "Like many other retirees, you can make this dream come true.
- According to the Deutsche Rentenversicherung, over 100,000 Germans worldwide receive their German pension. In addition, there are around 240,000 foreign pensioners who retire in their home countries.
- The USA, Austria, Switzerland and Spain are among the most popular retirement countries. Around 2,000 retirees will receive their pensions in South Africa and Australia. Almost 1,500 Germans are retiring in Brazil.
- You would like to emigrate when you reach retirement age or perhaps a few years before that. They are particularly attracted by the mild climate and sunny beach. There are quite a few eligible countries.
- But which country should you ultimately choose? In which countries do you have a high standard of living, good medical treatment and a certain level of security?
More and more retirees want to retire under the warm sun and ...
Studies of Cost of Living and More
You can orientate yourself on special studies such as the OECD or International Living Annual Global Retirement Index 2014.
- the OECD (Organization for Economic Cooperation and Development) publishes a monthly comparison of purchasing power for its 30 member countries. The data is determined on the basis of officially named wages and consumer prices in the respective countries. Exchange rate fluctuations are taken into account accordingly. If you are already familiar with the country you plan to emigrate to, the OECD index is a good measure of people's cost of living.
- The US study International Living Annual Global Retirement determines a ranking for countries to which you can emigrate with little pension. The basis for the ranking is formed by data from the countries and from International Living. It takes into account the cost of living, healthcare, integration, climate and extras for retirees.
- According to the study by International Living, six of the top ten countries are in Latin America. The two leading countries Panama and Ecuador should be mentioned here. With Malaysia, Thailand and the Philippines, three Asian countries are listed. Spain leads the way in Europe.
- If you were to use the pure cost of living as the sole yardstick, the order would be different. Then you would have to emigrate to Cambodia or Guatemala.
Like the entire internationalliving.com website, the study is in English. Ranking and numbers can be easily followed in tables. You can On-line-Translator to help.
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