Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

The Challenges to Consider Before Retiring Abroad

By Ben Steverman - 2011-09-28T14:22:26Z

Company Symbol % Change
4 of 10

Currency Risk

Overseas retirees might keep their savings in one currency, while their expenses are in another. That makes them vulnerable to the whim of currency markets. From 2000 to 2008, the U.S. dollar lost almost half its value against the euro. Movements can be sudden: In three months in early 2011, the dollar lost 11 percent against the euro.

Keep at least six months of living expenses in local currency, says Benningfield. Keeping some assets in your native country can also be smart if inflation is higher abroad, since even if currencies hold steady, inflation can radically reduce buying power. Weldon says food prices are up 40 percent in Buenos Aires over the past year.

Photograpeh by Vanderlei Almeida/AFP/Getty Images