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The Corliss Online Group Financial Magazine: Financial Tips for Boomers Looking to Retire Abroad As baby boomers continue to redefine retirement, many are looking to settle abroad to launch the next chapter in their life. Whether you are seeking a warmer climate, better tax advantages or more adventure, financial planners say retiring to a foreign land can present a number of financial challenges. To help create a retirement guidebook for boomers looking to leave the country to live out their golden years, I spoke with Michael Ward, CEO of USForex - North America and Europe, who detailed how retirees can preserve their income and avoid losing money when living abroad.