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Expat Retire
Guide

Your US Financial Life, Abroad

Two people enjoying coffee at a cafe table with fresh flowers — everyday life abroad as a retiree

Moving overseas doesn't pause your US financial life — Social Security keeps coming, IRAs keep growing, taxes keep coming due. Health coverage is the one line that changes completely: Medicare stops covering you outside the US, and international health insurance fills the gap at $150–300/month for most 65-year-olds. These guides cover what changes, what breaks, and what to set up before you leave.

Banking

Banking & Money Transfers

Your pension, Social Security, and IRA distributions still land in a US account — but now you need them abroad. How to set up a pipeline that doesn't lose $1,400 a year in fees, plus the FBAR basics every retiree abroad needs to know.

Transfers

International Money Transfers

Wise for monthly income. OFX or XE for large one-time moves — home sale proceeds, pension lump sums, moving savings abroad. A side-by-side comparison plus forward contracts explained.

Taxes

US Taxes When You Retire Abroad

The IRS doesn't care where you live — you still file every year. What forms you need, how to avoid double taxation, and the traps (FBAR, PFIC, sticky states) that catch retirees off guard.

Investing

Keeping Your Investments When You Move Abroad

Since 2024, Fidelity, Vanguard, Schwab, and others have been closing expat accounts. IBKR is one of the few brokerages that still serves US retirees living abroad — here's what you need to know before you move.

Keeping US Accounts

Keep Your US Brokerage Accounts Abroad

The federal rule lets you keep your Schwab or Fidelity account when you move abroad. The broker doesn't always cooperate. Two playbooks — one for perpetual travelers, one for permanent movers — with the contact-individual address strategy that actually holds up to compliance review.

US Address

A US Address After You Move Abroad

Your US bank, the SSA, Medicare, and the IRS all want a US address on file — and a relative's house works until it doesn't. The two virtual mailbox services worth using, plus the Form 1583 piece nobody warns you about.

Phone Setup

Keeping Your US Number When You Move Abroad

Your bank's 2FA text doesn't follow you to Portugal — and the day it stops arriving is the day you can't move money. The cheap MVNO solution most expats land on, plus what to do for local data when you arrive.

VPN

Do US Expats Need a VPN?

Your bank's fraud team flags the first login from Lisbon — and a VPN with the right kind of US IP keeps it from locking you out. The three problems a VPN actually solves, the two it doesn't, and the provider we recommend.

NEWSLETTER

Figure out your path abroad, then plan with confidence

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