Retire near adult children or in low COL area?

Anonymous
Tempted to retire in Europe, where I have many friends, familiar with the culture and am fluent in the language. A recent experience with an ER visit that cost us €70 cemented this desire. However, DCs and future grandchildren would be in the US. What would you do?
Anonymous
Future grandchildren? Move to Europe and enjoy for the time being, and when DCs have children, THEN move back for the grandchildren
Anonymous
Has a lot to do with relationship with your children, how far away these grandkids are from being born, your health, your ability to create a new social life outside of your kids in a new place, your funds…really hard for someone else to say.
Anonymous
Has a lot to do with relationship with your children, how far away these grandkids are from being born, your health, your ability to create a new social life outside of your kids in a new place, your funds…really hard for someone else to say.
Anonymous
Anonymous wrote:Has a lot to do with relationship with your children, how far away these grandkids are from being born, your health, your ability to create a new social life outside of your kids in a new place, your funds…really hard for someone else to say.


I know… my social life is bifurcated anyway. Kids in the US, more friends in Europe. We’ll see when the time comes. As long as health is ok, going back and forth is best. It’s more about toward the end - I wouldn’t want to bankrupt myself with a nursing home, god forbid.
Anonymous
Near family. A big factor in elderly health and wellness you can control is feeling useful and belonging. If you have grandchildren be around and br helpful and everyone will benefit. You can still vacation in Europe all winter even.
Anonymous
Anonymous wrote:Near family. A big factor in elderly health and wellness you can control is feeling useful and belonging. If you have grandchildren be around and br helpful and everyone will benefit. You can still vacation in Europe all winter even.


I’m just so sick of how much everything costs here. Lifestyle would be so much better in Europe. I don’t understand why healthcare is so mismanaged here from the perspective of the patient.
Anonymous
Anonymous wrote:Future grandchildren? Move to Europe and enjoy for the time being, and when DCs have children, THEN move back for the grandchildren


This
Anonymous
Once your health starts to get bad--even the slightest, move near your adult child(ren.) Things can go downhill very fast, and you can't expect your adult children (especially if there are young grandchildren in the picture!) to be constantly jetting back and forth to Europe to take care of you.
Anonymous
Are you American citizen? You will be on Medicare – why are you so concerned about health care expenses? Do you have chronic health care issues or disability now?
Anonymous
Anonymous wrote:Future grandchildren? Move to Europe and enjoy for the time being, and when DCs have children, THEN move back for the grandchildren


Yeah, this. You don't know how things will play out in the future.
Anonymous
Anonymous wrote:
Anonymous wrote:Future grandchildren? Move to Europe and enjoy for the time being, and when DCs have children, THEN move back for the grandchildren


This

+2
Anonymous
Anonymous wrote:Are you American citizen? You will be on Medicare – why are you so concerned about health care expenses? Do you have chronic health care issues or disability now?


Not OP but Medicare doesn’t pay for assisting living/nursing home/private duty caregivers.
Anonymous
Anonymous wrote:
Anonymous wrote:Are you American citizen? You will be on Medicare – why are you so concerned about health care expenses? Do you have chronic health care issues or disability now?


Not OP but Medicare doesn’t pay for assisting living/nursing home/private duty caregivers.


Am aware. But OP also seems quite concerned about healthcare expenses.
Anonymous
Anonymous wrote:
Anonymous wrote:Near family. A big factor in elderly health and wellness you can control is feeling useful and belonging. If you have grandchildren be around and br helpful and everyone will benefit. You can still vacation in Europe all winter even.


I’m just so sick of how much everything costs here. Lifestyle would be so much better in Europe. I don’t understand why healthcare is so mismanaged here from the perspective of the patient.


Because its q for profit system. Capitalism doesn't care about people, only growth and profits. Regulating it some is the only way to actually care about society. But the govt systems here are so big they are inefficient and lots of waste as well.
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