5) Retirement Planning
Long-term retirement projections
What if you leave the U.S.? Your 401(k) and IRA do not disappear if you move to another country. You can keep them in the U.S. and let them grow for decades. If you invest $500 a month starting at age 25, by age 65 (assuming 8% growth), you would have over $1.5 Million. When you retire in your home country, you can withdraw the money. Most countries have 'Tax Treaties' with the U.S. so you aren't taxed twice.
What if you leave the U.S.?
- Your 401(k) and IRA do not disappear if you move to another country. You can keep them in the U.S. and let them grow for decades.
- If you invest $500 a month starting at age 25, by age 65 (assuming 8% growth), you would have over **$1.5 Million**.
- When you retire in your home country, you can withdraw the money. Most countries have "Tax Treaties" with the U.S. so you aren't taxed twice.
Free Resource: What Happens to Your 401(k) When You Quit your job? (Wealth Lawyer Explains)
6) Major Financial Decisions
Making large financial decisions in a foreign country can be intimidating because the rules of money change. In the U.S., these choices aren't just about spending, they are about opportunity costs and legal safety.
Think of these decisions as moves on a chessboard: each one should protect your king (your visa/stability) while advancing your pieces (your wealth).
Resources
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