Hello. My husband and I have, just recently, started to explore the possibility of retiring outside of the United States and are currently focusing our attention on Portugal and France. Our monthly income will be limited, but the estimated expenses that have been presented on this and other forums as well as many online articles are very encouraging.
I’m concerned, however, that the cost of private health insurance may kill the dream before it has a chance to come into focus. I read that one couple, over the age of 65, was quoted a cost of $25,000 to $35,000 per year for the two of them.
It is my understanding that Medicare does not cover medical expenses incurred outside of the United States. It is also my understanding that proof of health insurance is a Visa requirement in many, if not all, countries.
I would appreciate any information that you have to offer on this topic.
I’m concerned, however, that the cost of private health insurance may kill the dream before it has a chance to come into focus. I read that one couple, over the age of 65, was quoted a cost of $25,000 to $35,000 per year for the two of them.
It is my understanding that Medicare does not cover medical expenses incurred outside of the United States. It is also my understanding that proof of health insurance is a Visa requirement in many, if not all, countries.
I would appreciate any information that you have to offer on this topic.